Annal Nayyar – blogs the 12-13 Accounts Directive to be published end of May.

The EFA  are planning to publish the Academies Accounts Direction for the 2012 to 2013 academic year on their  website by the end of May, more than 2 months earlier than last year.

The accounts direction is the reference pack for academy trusts and their auditors to use when preparing and auditing their annual reports and financial statements.

The accounts direction has been developed  in consultation with a working group of academy finance staff. Also involved audit firms in developing the regularity opinion audit guidance and incorporated this into the main document.

The EFA We will provide more information, including an explanation of the main changes since last year, in the next bulletin on 6 June.

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