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ESFA Update academies: 28 August 2024

Published 28 August 2024

Applies to England

漏 Crown copyright 2024

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The guidance on related party transactions (RPTs) has been updated to provide greater clarity to academy trusts.听听

A checklist of things to consider when transacting with a related party is now available, which听will:听

  • help academy trusts consider necessary factors when transacting with a related party听
  • ensure transactions are justifiable and are conducted fairly and transparently听
  • ensure conflicts of interest are managed appropriately听

You can read further information about听related party transactions听on 188体育.

Information:鈥疷pdate to the guidance on charging for boarding school provision

The Department for Education (DfE) have updated the charging for boarding provision: full cost recovery and rate of return, which sets out how state-funded boarding schools should manage and charge for their boarding provision.

The guidance was first published in 2015 and has been updated to ensure links and references to organisations are correct. There are no substantial changes to the advice in the guidance.听

Information: In-person training for school and trust business professionals

DfE are looking for trusts to host funded, in-person practical training sessions for school and trust business professionals (SBPs).听

The sessions:听听

  • are available at no cost to you听

  • will run for up to 3 hours听听

  • will be delivered by a trainer from ISBL听

  • are available for up to 30 attendees听

in hosting a session for your own SBPs or colleagues in your region.听听

The sessions available to host are:听听听

  • financial planning and budget assumptions听

  • human resource management (HRM) and flexible working听

  • leadership and leading change听听

  • integrated curriculum financial planning (ICFP)听

  • professional development for SBPs听

  • communication and managing teams听

  • strategic planning and operational leadership听

  • procurement and collaborative purchasing听

Event: Academy Finance Professionals September Power Hour 鈥� Academy Trust Handbook

Thursday 12 September 2024 鈥� 3pm to 4pm. .听

Event: Risk Protection Arrangement (RPA) Members only 鈥� Competent Person and Risk Assessment Workshop

Thursday 19 September 2024 鈥� 10am to midday.听.

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