Work is completed by Auditors with many years’ of experience working with and supporting schools and academies.
The Academies Financial Handbook 2017 requires that; “The trust must have in place a process for checking its financial systems, controls, transactions and risks.”
“The Academy trust must have in place sound internal control, risk management and assurance processes.
The Internal control framework must include:
• reducing the risk of fraud and theft,
• ensuring efficiency and value for money
• a process for independent checking of financial controls, systems, transactions and risks.”
One way you can meet these requirements is to work with Dudley Audit Services. Dudley Audit Services provides a professional internal audit service to schools and academies, with staff who have many years of experience of working with schools and academies and knowledge of school governance and financial control arrangements.
The Academies Financial Handbook requires that “the academy must establish a control framework that recognises public expectations about governance, standards and openness”.
Our work can feed directly into your internal processes for giving assurance on all aspects of good governance, risk management, internal control arrangements and value for money.
Work undertaken can also contribute to the production of your Accounting Officer’s Statement on regularity, propriety and compliance.
Dudley Audit Services has had an External Quality Assessment, which found that we are meeting the Public Sector Internal Audit Standards, the benchmark for effective internal audit work.