Due to the COVID-19 situation the date for maintained schools to submit the School Fund Audit certificate has been extended until the 25th September 2020
School Fund Audits are required on an annual basis to provide assurance that records are complete, accurate and clearly show the financial position of the fund.
This return supports the statement of assurance (Schools Financial Value Standard (SFVS)) submitted (in March) by each school. The SFVS's are then reviewed by audit, summarised and a statement, signed by the Chief Finance Officer of the Local Authority, is submitted to the DfE by 31 May 2020.
The School Fund Audit Certificates do not need to be signed by the chair of Governors for the Local Authority's requirements.
Please contact Schools Finance Support if you have any queries
|Tel: 0115 8765053
Fax: 0115 8763237