Providing independent assurance for your finance and governance arrangements
All local authorities are required to ensure that they have a system of adequate system of internal control in place. All schools are reviewed on a cyclical basis and in agreement with Education, Learning & Skills.
We offer both a free and charged offer to support schools with this. We also run training bespoke to each schools needs.
Our core (free) service to Lambeth maintained schools provides an independent review of the adequacy and effectiveness of a school’s financial and governance arrangements. The reviews provide assurance to the school management and governors and to assist the Local Authority in meeting its statutory obligations. The reviews are carried out as part of the Internal Audit Plan which is delivered to meet the LA's statutory requirements
Our charged service to all schools in and outside the borough includes:
- Bespoke ad hoc audit reviews and investigations which can look at proposed improvements to control and governance issues or address specific concerns in respect of control, financial management or governance.
- Training on fraud awareness and identity theft