Annal Nayyar report Submitting your academy trust’s accounts

All academy trusts incorporated before 1 March 2014 must submit audited accounts for the period ending 31 August 2014 to EFA by 31 December 2014.

EFA have published a guide to submitting your trust’s audited accounts. You should read this guide before submitting your accounts, as the process has changed. You will need to complete a short online form that asks for key information from your accounts, and upload the accounts to the document exchange area on the EFA Information Exchange.

This two-part submission is the first step towards fully automating the collection of audited accounts. The submission process should be straightforward and will result in benefits for all. The new online form will help us to provide trusts with more timely feedback and to direct our resources towards supporting trusts facing the greatest risks.

Additionally, you must tell the EFA  if your accounts are likely to be qualified or your auditor will be raising exceptions by emailing the Academies Enquiries Service at the earliest opportunity, quoting ‘submitting audited accounts’ and your academy trust’s name in the email title.

 

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