Accountants shape up for free schools

A WARRINGTON accountancy firm has revamped its education division in response to the emergence of free schools, studio schools and academies.
Mitchell Charlesworth’s change comes after a collection of new contract wins including the newly formed free schools Harmonize Academy, in Anfield, and Sandymoor, in Runcorn.
Partner Philip Griffiths said: “We have previously worked with a number of independent and voluntary aided schools but in recent times we have seen a large number of local authority controlled schools converting to academies and the emergence of new free schools.
“These organisations have sole responsibility for managing their finances. Our role is to ensure they manage these responsibilities efficiently, effectively and with due diligence. We also want to provide specialist business advice to encourage sustained growth.”
He said the firm can offer a number of services in addition to auditing and payroll, including responsible officer work and setting up accounting and internal control systems to enable schools to report efficiently to the Department for Education.
Mr Griffiths said: “Schools, colleges and academies have a specific set of financial responsibilities which require expert attention. It can be a complex and daunting task to ensure compliance with all of today’s rules and regulations.”