News

12

Jul

Stone King guidance on publication of Academy Trust Handbook and changes from the previous Academies Financial Handbook

 

The Education Schools Funding Agency (ESFA) published the Academy Trust Handbook 2021 (the New Handbook) in June 2021. The New Handbook is effective from 1 September 2021, replacing and updating the Academies Financial Handbook 2020 (the AFH 2020) which continues to apply until 31 August 2021.

Unlike the AFH 2020 and preceding versions, the New Handbook has been rebranded so that the focus is not just on financial management issues but now overtly relates to wider governance requirements and other obligations.

 

Stone King colleagues consider the impact of the rebranding of the New Handbook and the other changes captured in the New Handbook in further detail here.

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