The Academies Accounts Direction 2024 to 2025, published by the Department for Education (DfE), provides essential guidance for academy trusts, their auditors, and reporting accountants in preparing and auditing financial statements for the year ending 31 August 2025. The guidance ensures that financial reporting remains transparent, consistent, and aligned with statutory requirements.
Purpose of the Accounts Direction
The Accounts Direction outlines the framework for:
- Preparing annual financial statements
- Conducting statutory audits and regularity reviews
- Ensuring compliance with the Academy Trust Handbook and Companies Act 2006
It is a contractual requirement under an academy trust’s funding agreement and must be followed alongside the Model Set of Accounts and the Framework and Guide for External Auditors.
Key Changes in the 2025 Edition
.jpg)
.png)
