Annal Nayyar reports on the new financial handbook that comes into effect on 1st September 2014

On 8 August the EFA released the new version of the Academies Financial Handbook 2014.This will be effective from 1 September 2014.

You will not be surprised to learn the key changes are around governance –The EFA have summarised the changes (page 5) so that they can be easily identified.

All Trusts should note the ‘Key Changes’ highlighted and look to act upon these.  However please note, the Handbook does not come into effect till l 1 September 2014 so the changes do not apply for the 2013/14 financial period!

Both comments and pings are currently closed.

Comments are closed.