Guidance

Academies Financial Handbook 2016

A handbook issued by EFA, setting out academies' financial requirements for the period beginning 1 September 2016.

Document

Academies Financial Handbook 2016

Details

The Academies Financial Handbook sets out the financial management, control and reporting requirements that apply to all academy trusts. It describes a financial framework for trusts that focuses on principles rather than detailed guidance and reflects their accountability to Parliament and to the public. Compliance with the handbook is a condition of each trust’s funding agreement.

Academies Financial Handbook 2016

The 2016 handbook was effective from 1 September 2016 to 31 August 2017. Academy trusts completing financial statements for the period ending 31 August 2017 should refer to the 2016 edition of the handbook.

Academies Financial Handbook 2017

The 2017 edition of the handbook applies to accounting periods commencing on or after 1 September 2017.

Published 27 July 2017