We can provide you with assurance services and advise on compliance matters to ensure that any potential areas leading to clawback of funding are resolved promptly.
To speak to a member of our team, please complete the form below.
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Mock Funding Assurance ReviewsTo provide you with the most realistic experience, our mock funding assurance reviews are carried out in line with the approach taken with our ESFA and MCA audits. Our testing will cover the critical factors currently in scope within the ESFA’s or MCA’s assurance framework. Where applicable, we will sample and test from the following areas: Provider Data Self Assessment Toolkit (PDSAT)The PDSAT is arguably one of the most powerful and crucial tools available to providers for ensuring data accuracy and compliance. Our assurance reviews often identify funding errors within PDSAT reports due to a number of reasons, most commonly: failing to understand the logic of the report and therefore why learners are appearing in them; not reviewing them on a timely basis and misinterpretation of funding rules. We can provide you with a complete sample assurance review of your PDSAT reports, identifying potential funding and data errors, and associated financial values. We can also provide you and your team with in-depth training on PDSATs using your live data. You’ll get an insight into how we as auditors select samples and what we look for. Subcontracting ControlsWhere a provider subcontracts £100k or more of apprenticeship, AEB, ESF or 16 to 19 funding combined, within any funding year, the provider must engage the services of a reporting accountant to obtain a report. We are highly experienced in delivering subcontracting controls assurance reviews which covers all elements of the ESFA’s subcontracting standard, in addition to MCA subcontracting requirements. Our detailed report provides a complete and comprehensive analysis of your subcontracting arrangements, identifying areas of improvement where necessary. Bespoke and Targeted Assurance ServicesDo you have specific areas of your funding claim you’d like assurance over? Would you or your team benefit from audit and compliance training? How do you ensure you’ve interpreted and understood the funding rules correctly? Are you aware of weaknesses within your processes which could result in non-compliance and data issues? Do you fully understand your ILR data collection requirements, what to record, and how to record it? We are experts in all areas of funding assurance and can provide bespoke assurance services – everything from a question to a full complete audit. Breach Letter or InvestigationAs a Provider should you receive a letter from the ESFA or MCA that you have breached your contract with them or there has been an allegation made regarding your organisation, we can work with you and address and comply with any matters raised. Often these require agreement of the identified firm and scope of work with the ESFA or MCA and we have conducted several such reviews. As such we have proven skills, experience and background to undertake these complex reviews. |
Our highly knowledgeable and dedicated team have over 30 y
We also conduct funding assurance audits and related services for the Greater London Authorityears of experience within the education and training sector, headed up by a former ESFA auditor.
Throughout England, we provide funding assurance services to colleges, universities, independent training providers, employer providers, local councils, schools and academies. Our diverse client base and offering allows us to provide a unique insight into the challenges faced by the sector as a whole.
We are one of the approved audit firms on the Education and Skills Funding Agency (ESFA) PMO Framework conducting funding audits on their behalf. as well as other mayoral combined authorities (MCA) including Cambridgeshire and Peterborough Combined Authority (CPCA) and the West of England Combined Authority (WECA).
To speak to a member of our team, please complete the form below.
Making a proactive contribution to our communities and wider society has always been fundamental to our values and the way we do business. We are proud of our long-standing relationship with the education sector, helping every young person have the start in life they deserve and building the skills that the UK economy needs to continue to develop.
The higher education sector faces substantial obstacles to overcome within the next few years, with many issues centred on the current UK political climate.
As expert advisers with strong links across the public and social sector, our team draws on its market knowledge and industry experience to publish research and observations on new developments and regulations.
In the current economic climate, institutions within the education sector are under increasing pressure to secure and maintain essential funding. Ensuring compliance with funding rules is therefore critical for those accessing funds through the Education and Skills Funding Agency (ESFA) or Mayoral Combined Authorities (MCAs).
Subcontracting plays a pivotal role in the landscape of further education, expanding the opportunities available to learners. However, it is also an area which is considered high risk with well-reported scandals, ghost learners and the loss of income to the sector. Consequently, for education providers (providers) choosing to engage delivery subcontractors, it is important to have adequate controls...
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