Post-16 audit code of practice

Post-16 audit code of practice

The post-16 audit code of practice sets out the Education and Skills Funding Agency’s (ESFA’s) assurance and accountability requirements for post-16 providers, including further education and sixth-form colleges, and provides information on the requirements for independent training providers (ITPs).

Providers must read the audit code alongside any agreements setting out the conditions of funding, including their grant funding agreements and contracts with ESFA.with ESFA.

The post-16 audit code of practice for the year 20212022 to 20222023 is relevant for all periods commencing on or after 1 August 2021.2022. Changes have been made to the text that appeared in the revised 2021 to 2022 edition, largely because of the announcement in November 2022, which resulted in the statutory FE sector in England being reclassified to central government.

Regularity self-assessment questionnaire

Further education andcolleges, sixth-form colleges and designated institutions established under the provisions of the Further and Higher Education Act 1992 must complete this self-assessment questionnaire, signed by the accounting officer and chair of governors, and pass it to their external auditor to help inform the regularity assurance engagement. The version for 2022 to 2023 includes updates to aid colleges in meeting MPM compliance and other responsibilities resulting from reclassification.

Supplementary bulletin to the college accounts direction 2020 to 2021 and the post-16 audit code of practice 2020 to 2021

This supplementary bulletin has the same status as the college accounts direction and post-16 audit code of practice and should be read as an addendum to these documents. Its aim is to help further education and sixth-form colleges and their auditors/reporting accountants deal with matters arising from the COVID-19 pandemic which may impact on the corporation’s accounts for the year 20212022 to 2022. The bulletin introduces a small number of additional requirements.2023.

Further guidance or requirements may be issued as required by the ESFA.the ESFA.

Other resources

• college accounts direction 20212022 to 20222023
• accounts direction handbook which sets out detailed guidance on the preparation of college accounts, including a model set of accounts