29th July 2021
The Education and Skills Funding Agency (ESFA) have recently published the new Academy Trust Handbook 2021, also known as the Academies Financial Handbook (AFH), which is effective from 1 September 2021.
In line with previous years, the ESFA have clarified and strengthened several areas, as well as emphasised trustees’ roles and responsibilities. In addition to using the terms ‘must’ and ‘should’, there are now several places in the AFH where the ‘department’s strong preference’ is outlined.
Our factsheet provides a summary of the key changes. To read more, please click below.