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Internal Scrutiny
At EduFinance, we deliver Internal Scrutiny services that equip trustees and management with the insight and tools needed to ensure strong financial governance and effective oversight.
Our goal is to provide a flexible service that strengthens your trust’s infrastructure, encourages best practice, and gives you complete confidence. Our internal audit offering can cover many areas; during the initial meeting we’ll agree on key priorities, which will then shape the focus of future visits, typically including elements such as the following.
Business Meeting Discussion
Tax return

Financial Controls

 Delegation compliance

 Non-pay expenditure testing

 Purchasing & VFM

 Purchasing card controls

 Trip/letting/fundraising income

 Cash/bank accounts

Payroll & Staffing

Starters & leavers

Additional payments

Payroll sign-off

Supply/casual worker controls

 IR35 checks

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Safeguarding

SCR completeness & accuracy

DBS/RTW/Prohibition/Section 128 checks

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Procurement

 Policy & legislation compliance

 Supplier onboarding

 P2P controls (PR→Approval→ReceipƟng→Invoice match)

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Income, Trips & Lettings

 Trip cost recovery & reconciliations

 Risk assessments

Lettings pricing & invoicing

 Segregation of duties

Governance & Compliance

 Escalation routes

 Trust policy compliance

 FSM administration

 Medical dietary needs processes

Purchasing

Genuine / Appropriate expenditure

Tendering

Authorisation

Card and individual’s payments​

Budget Planning

Management Reports

Governor Reports

Budget Plan

Long term budget forecasting​

Pupil Premium

Included with budget plans

Uses of funding agreed with Governors

Reports to Governors

Published on School Website​

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