Academy trust governance: from principles to practice
28 Mar 2024 • Audit and Assurance • Charity and Not-For-Profit Audit
Rewatch our Academy trust governance webinar. This session looked to provide a refresher and overview of principles of good governance, as well as a deep-dive into risk management and audit considerations for academy trusts.
This recording covers governance and risk management in academy trusts. We share best practices from our team's extensive experience auditing the academy sector, ensuring you stay abreast of the latest guidance and regulatory updates.
Content summary:
Part one: ESFA and charity governance
Setting the scene for Education and Skills Funding Agency (ESFA) and charity governance for 2024/25. We provide clarity on the governance requirements of a trust as well as outlining the Department for Education's (DfE's) Governance Handbook and Competency Framework for Governance. Part two: Case studies
We explored relevant examples detailing issues regularly arising in the sector for Multi Academy Trusts, highlighting where things could go wrong if governance is not done right and how ensuring you have governance right from the forefront will lead to greater success down the line. Part three: Audit trends
The webinar concludes with practical audit factors and emerging trends, in particular, the growing cyber security risk that demands more thorough risk assessment and proactive management.
