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Academies Financial Handbook 2017: a summary of the key changes

8th September 2017

The Education and Skills Funding Agency (ESFA) has released the new Academies Financial Handbook,
effective from 1 September 2017. It sets out the principles of financial governance and management for
all academy trusts, reflecting their status as companies, charities and public bodies.

There are no significant changes within this edition, but there continues to be an emphasis on achieving
financial effectiveness through improvements to governance. This is highlighted in the forward, where
Lord Nash highlights the importance of boards reviewing and refreshing their skills and knowledge.

Our factsheet provides a summary of the key changes, to read more please click on the link below.

For more information please contact your usual haysmacinytre contact or Tracey or Siobhan using the contact details below:

Tracey Young, Partner at haysmacintyre
020 7969 5654 E tyoung@haysmacintyre.com

Siobhan Holmes, Audit Manager at haysmacintyre
020 7969 5601 E sholmes@haysmacintyre.com

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