Academies

WR Academies service

We have a specialist Academies Advisory Team which supports schools through the Academy conversion process and beyond.  Providing a service tailored to the specific requirements of each school, we offer a hands-on approach to supporting Business Managers, Head Teachers and Governors. 

We work with primary, secondary and special schools, constituted as single school Academies or Multi-Academy Trusts.  Our portfolio has enabled us to develop an in-depth knowledge of the accounting and broader issues associated with Academies and Academy Conversion. This is particularly pertinent in the current environment where changing accounting regulation and legislation has significantly increased the technical requirements being placed on Academies and Multi-Academy Trusts.

Conversion Services and Support

We have extensive knowledge and experience of guiding schools through the conversion process and are well placed to advise on the key requirements and the “do’s and don’ts” of conversion.

Sensitive to the needs of individual schools and keenly aware of the uncertainty and challenges that conversion brings, we provide clear and practical guidance and reassurance each step of the way.  This support is provided through a mixture of on-site instruction and training, telephone support and the provision of easy to use guides and checklists.

We assign a dedicated team to each school which works alongside staff and Governors, providing continuity of support and guidance.

We tailor our support to the requirements of the specific school and expertise already in place, ensuring a support package which is appropriate, effective and efficient.  The range of support and advice provided to converter schools includes:

  • Overview guidance to conversion
  • Director/Trustee and Governor responsibilities guidance and briefings
  • Risk Management and Governance procedures
  • Assistance with budget setting and funding agreements
  • Accounting systems selection and chart of accounts set-up
  • Establishing financial systems and controls and authorisation processes
  • Transaction processing and management reporting disciplines
  • Taxation and VAT advice

Post Conversion Support

Our support does not end once conversion is complete. We are able to utilise our knowledge and understanding of your Academy to provide ongoing support in areas which include:

  • General advice and strategic support  
  • Support in integrating additional schools into Multi-Academy Trusts
  • Financial procedures and controls implementation
  • Assistance with external reporting compliance (Year-end statutory accounts preparation and audit; Annual EFA Accounts Return & Teachers' Pension returns and audit)
  • Taxation and VAT advice
  • School Funds
  • Extended External Audit Checks
  • Internal Audit Checks

To find out more about our service to Academies, please contact one of our team listed on this page or alternatively email: academies@whittinghamriddell.co.uk

See related Sector: Education

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