Internal Scrutiny Background:
The Academies Financial Handbook has introduced a process called Internal Scrutiny, which provides independent assurance that an academy’s financial and risk management procedures are robust and effective for both Single and Multi-Academy Trusts.
We have developed this service package at Romero and are very pleased to say that our Internal Scrutiny team is made up of our most senior Finance and H.R. professionals, who are able to provide objective assurance to Academy Trust Boards.
The Internal Scrutineer will be able to:
How can we help your Academy Trust?
The team at Romero has developed a complete service that can be tailored to the size of your Single or Multi-Academy Trust. The Internal Scrutiny Audit will consider all aspects of the school’s financial and non-financial operations. The key areas are listed below, but please note this list is not intended to be exhaustive or exclusive:
- Cash and Bank
- Payroll and H.R.
- Funding, budgeting, and forecasting
- Safeguarding and Whistleblowing
- Management Information and Reporting
- Data Protection
- Disaster Recovery and BCP Processes
- Fraud, Theft, and Bribery
- Health & Safety Systems and Processes
- I.T. Security
- I.T. Systems and Processes
- Month-End Processes