Academies Accounts Direction 2022-23

ESFA have published the latest edition of the Academies Accounts Direction, model academy accounts and guidance to external auditors. These documents set the framework for academy financial statements for the year to 31 August 2023, which boards are due to approve by 31 December 2023. This briefing is intended for anyone involved in the year end accounts process including academy trustees, Accounting Officers, CFOs and auditors.

The welcome news is that the changes are limited. This is consistent with the last few years, and we support it. The Direction is now a mature document, and together with the model accounts, is a helpful and easy to use resource.

Download our summary guide of the changes made here.

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