An introduction to the sector annual report and accounts

Academy trusts are required by their funding agreements to submit financial returns to the Education and Skills Funding Agency (ESFA).

The financial accountability and assurance framework is set out in the Academies Financial Handbook and the detailed guide to academies financial assurance.

We have produced a summary guidance video, which will provide summary details on:

• the 2015 to 2016 consolidated academy sector annual report and accounts
• on all the academy trust financial returns expected by the ESFA