Why choose a 2 year rolling internal scrutiny programme
Our recent Internal Scrutiny customers have chosen a 2 year rolling programme for their academy trust. This blog explains why.
We hope this is useful information for you and we're happy to go into more detail:
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1. Greater visibility in bitesize chunks
Driven by the key areas of risk in the school(s), a full programme provides proper focus and peace of mind that each area will be dealt with in turn. Over a 2 year, 6-termly period we'll devise a suitable, realistic scheme of works, prioritising perceived areas of weakness identified on a risk-basis, whilst ensuring all categories of risk are identified, reported, and managed.
2. Minimise the 'data gathering' burden ahead of an audit
We know there can be alot of documentation for school staff to pull together for the day of the review, so separating the areas of scrutiny into categories reduces the physical, or digital fact-finding burden for your academy.
3. Year-on-year progress and tangible outcomes
We handle key areas (e.g. Payroll, Banking Procedures) in turn, perform a 'full review' one term, document it in the internal scrutiny report and then revisit them with a 'light touch' at a later date to keep on track. Any updates will be reported in the internal scrutiny report. As we work with several academies in a period of time, all internal scrutiny customers will benefit from an industry standard benchmarking.
Let's get your Internal Scrutiny booked in!
We've been delivering the ATH-directed 'Internal Scrutiny' since it was required and audits for even longer. You'll benefit from the fact that we're Finance & Accountancy experts and education specialists.
"Thanks to the internal scrutiny process, our SBM had a ‘lightbulb moment’ regarding assisting Governors with risk management. The level of scrutiny meant that we needed to
have a clear risk policy and risk register that work hand in hand, we set up a working group with Governors to ensure that they are clear on how these documents interact to inform
internal scrutiny. A true success story.”
"Working with SBS on the Internal Scrutiny work has been exactly what we needed. The work was well planned, prepared and engaged with every school of our Trust. Being well versed in MATs and schools, the conversations and challenges were thoughtful, direct and at the same time, well balanced. The final reports were thorough, clear and on time. I would highly recommend any MAT in engaging with SBS for their Internal Scrutiny work."
Powerful confidence for the academic year
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If you have any questions about assessing the impact of rising costs on your school budget please contact us on 0345 222 1551 - Opt. 5 or hello@schoolbusinessservices.co.uk