Post-16 audit code of practice
The post-16 audit code of practice sets out the Education and Skills Funding Agency’s (ESFA’s)(ESFA’s) assurance and accountability requirements for post-16 providers, including further education and sixth-form colleges.colleges, Itand also provides information on the requirements for independent training providers (ITPs).(ITPs).
Post-16 audit code of practice
Providers must read the audit code alongside any agreements setting out the conditions of funding, including their:
- accountability
their agreements with ESFA and the Department for Education (DfE)
- grant funding agreements with ESFA and DfE
- contracts with ESFA and DfE
with ESFA.
The post-16 audit code of practice for the year 20232022 to 20242023 is relevant for all periods commencing on or after 1 August 2023.
The2022. updatesChanges have been made to the post-16text auditthat codeappeared ofin practicethe sincerevised last2021 yearto are2022 capturededition, atlargely because of the beginningannouncement ofin thisNovember new2022, edition.
Regularitywhich self-assessmentresulted questionnaire
Thein regularitythe self-assessmentstatutory questionnaireFE mustsector bein completedEngland by:being reclassified to central government.
It must be signed by the:
the accounting officer and chair of governors
Itgovernors, mustand bepass sharedit withto yourtheir external auditor to help inform the regularity assurance engagement.
The version for 20232022 to 20242023 includes updates to aid colleges in meeting Managing public money (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 2022 to 2023.
Further guidance or requirements may be issued as required by the ESFA.the ESFA.
Other resources
