Accounting for Academies

(3 reviews)

by Steve Collings

Academies accounts are complex and detailed, which is why trusts are seeking accountants who can help. This course provides a guide through the work involved in accounting for academies.

price £100+vat
cpd hours 4 CPD hours
access 120 days' access

Use ACPD101 for 10% off any purchase.

This course will enable you to

    • Get to grips with the rules and regulations that govern academies.
    • Comply with The Academies Trust Handbook and the Academies Accounts Direction.
    • Deal with the specific accounting issues relating to academy financial statements.
    • Understand the role of the auditor, the different opinions they can provide, and what goes into the final report.

About the course

Over 80% of secondary schools have now converted to academy status, and that number is only set to grow. Accounting in academies is becoming an increasingly detailed, time consuming and complex job, and more and more accountants are getting involved in giving advice and auditing academies.

This course demystifies the accounts of academies, and ensures you are equipped to deal with the rules and regulations that apply. It gives an overview of academy reporting, and highlights some of the pitfalls to avoid when preparing and approving an academy’s financial statements.

Look inside

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Contents

  • Framework
    • Getting to grips with academies
    • Legislative and regulatory framework
    • The academy trust handbook
    • Responsibilities
    • Trustees and auditors
    • The auditor
  • Academies Accounts Direction
    • What is the Accounts Direction?
    • The Accounts Direction
    • Errors and omissions
    • The role of trustees
    • Timetable
  • Specific accounting issues
    • What we're dealing with
    • Income
    • Capital expenditure
    • Risk protection arrangements
    • The complicated stuff
    • Staff costs
    • Fund accounting
  • Reporting
    • Reporting for academies
    • Reporting by the auditor
    • Regularity, propriety and compliance
    • Qualified audit opinions
    • Some final issues

How it works

Author

Steve Collings

Steve is Director at Leavitt Walmsley Associates, a firm of Certified Chartered Accountants. He is an internationally recognised speaker, writer and commentator on all matters to do with financial reporting and auditing. Steve is a prolific author, having written over 25 books and currently represents the North West of England on ACCA’s Practice Network Panel.

Reviews

4.6
(3 reviews)
5
4
3
2
1
 
 
 
 
    HW
    Hilary W
    02 Jan 2024
    02 Jan 2024
    Useful course for new CFOs to gain understanding of what to expect from the annual accounts and audit cycle.
    VP
    Vishvaprem P
    30 Dec 2023
    30 Dec 2023
    Excellent course on Academies Accounting
    GO
    Gordon O
    05 Sep 2023
    05 Sep 2023
    This was great for anyone working in this sector or is looking to apply for a post in this sector.
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Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours1,500+ unitshourshours1,500+ unitshourshours
Access period120 days120 days12 months12+ months
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