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When you are at the planning stages of converting to academy...

When you are at the planning stages of converting to academy status, joining or becoming a multi-academy trust, or expanding your trust, there are many areas to consider

In-depth guide

Rebecca Frost

1 min read

We are able to give expert advice on regulatory and governance issues, and will guide governors and school administrators through the relevant accounting, payroll, VAT, taxation and other areas of complex legislation.

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You might be leaving the Local Authority accounting function and standing on your own, or you might be looking to expand your existing Academy Trust by taking on additional schools/existing Trusts. Both scenarios raise the need to consider:

legal structure of the academy entity
employment law, TUPE, pension arrangements
property and leases
finance issues, budgets and forecasts, internal controls
accounting function
payroll and human resources
governance
fundraising and income generation
VAT and other taxation issues.

You’re not expected to do this on your own. We can help with accounts preparation in compliance with the Academy Trust Handbook and the Academies Accounts Direction, as well as providing external audit services.

We also provide a wide range of support services such as internal audit services, due diligence for incoming academies, payroll, HR consultancy, tax consultancy and financial planning.