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The college accounts direction sets out ESFA’s financial reporting requirements for sixth form and further education colleges.
The accounts direction outlines the requirements for each college to:
prepare audited accounts to 31 July
submit accounts and associated documents to ESFA by 31 December
publish accounts on the college’s website by 31 January 2019
Colleges must refer to the college accounts direction 2017 to 2018 when preparing their accounts for periods commencing on or after 1 August 2017. This includes a requirement to submit a completed finance record for 2017 to 2018.