College corporation financial management good practice guides
Information outlining good practice in college corporation financial management and assurance
Applies to England
Documents
Details
Guides for college corporation:
- governors
- accounting officers
- principals and executive leaders
- chief financial officers
Guidance is also available on fraud awareness: good practice for education and training providers.
These guides provide suggestions for good practice, they do not replace or modify any of the requirements in the following:
- college accounts direction
- framework and guide for external auditors and reporting accountants of colleges
You can find more good practice information at the Association of Colleges.
Updates to this page
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Updated 'Streamlined energy and carbon reporting for colleges' following the publication of the 2026 government conversion factors for company reporting.
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Added a link to 'Fraud awareness: good practice for education and training providers'.
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Updated 'Streamlined energy and carbon reporting for colleges' following publication of 2025 government emission conversion factors for greenhouse gas company reporting.
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Updated 'Streamlined energy and carbon reporting for college corporations' for the reporting year 2023 to 2024.
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We have updated section 6.4 'Methodology' in the streamlined energy and carbon reporting for college corporations guidance, with links to a new Standardised Carbon Emissions Framework (SCEF), developed by the Alliance for Sustainability Leadership in Education (EAUC).
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We have updated the guide on scope of work of audit committees and internal auditors in college corporations.
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Streamlined Energy and Carbon Reporting for College Corporations document updated.
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ILR Data Integrity Guidance added to the web page.
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We have published the latest good practice guide, on the scope of work of audit committees and internal auditors in college corporations.
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First published.