EFSA publishes college accounts direction
Released 31 October 2019
The Education and Skills Funding Agency (ESFA) has published guidance for sixth form and further education colleges on preparing and submitting their accounts to ESFA.
The college accounts direction sets out ESFA's financial reporting requirements for sixth-form and further education colleges. The accounts direction outlines the requirements for each college to:
•prepare audited accounts to 31 July 2019;
•submit accounts and associated documents to ESFA by 31 December 2019;
•publish accounts on the college’s website by 31 January 2020.
Colleges must refer to the college accounts direction 2018 to 2019 when preparing their accounts and finance record. A college finance record template has been added to the collection of guidance documents.
For more information, see College accounts direction.