Education

Education

The education sector is integral to shaping future generations, with schools, colleges, and universities continuously evolving to meet growing demands and changing regulations. As this sector faces unique challenges, it requires specialised support to navigate its complexities, ensure sustainability, and maintain high standards of governance.

The education sector plays a pivotal role in shaping the future of individuals and societies, demanding specific, sector-focused expertise in financial management. Educational institutions, ranging from schools to universities, need to navigate complex financial landscapes, ensuring compliance with evolving regulations while maintaining robust financial health.

Reckoner Audit is recognised as one of the leading Academies Specialist Auditors in the UK. We work closely with Academy Trusts and Multi-Academy Trusts (MATs) to provide ESFA-compliant statutory audits, financial reporting, internal controls reviews, and governance assurance. Our team understands the unique regulatory requirements set by the Department for Education (DfE) and the Education & Skills Funding Agency (ESFA), ensuring full compliance for every academy we support.

Many schools and trusts choose Reckoner Audit because of our reputation as experienced academies auditors in the UK and as proactive accountants for academies and trusts, offering year-round advisory support rather than limiting our involvement to the year-end audit process.

Whether you are a growing MAT, a standalone academy, or a newly converted school, our academies audit team delivers tailored support designed to strengthen financial management, ensure compliance with the Academies Accounts Direction (AAD), and improve long-term financial sustainability.

Education sector

Our Services

Services We Provide to the Education Sector

As dedicated Academies Specialist Auditors, we also provide ESFA-compliant audit services, internal financial monitoring, assistance with academy conversions, MAT due diligence, and support with the Academies Accounts Direction (AAD) requirements.

Tax and Accounts
Management

We help educational institutions stay compliant with the latest HMRC regulations. From managing corporate taxes to VAT compliance, our team ensures accurate and timely filings, optimising tax efficiency within the framework of UK tax law.

Audit & VAT
Advisory

As the education sector faces increasing scrutiny and regulatory changes, our audit services provide assurance that institutions' financial statements meet all compliance requirements. We also offer VAT advisory services to help educational bodies efficiently manage VAT exemptions and transactions.

Account Preparation
& Payroll

Our team handles the preparation of annual accounts, ensuring they meet the specific needs of educational institutions and comply with the latest UK accounting standards and regulations. This service ensures transparency and accuracy in financial reporting. We offer a comprehensive payroll service that caters specifically to educational institutions, ensuring compliance with payroll tax obligations, staff salary management, and timely processing of employee benefits in accordance with UK employment laws.

Work Process

Why you choose Our Audit Consultancy?

We understand the unique challenges facing the education sector, from funding constraints to changing regulatory requirements. Our experience with educational institutions ensures we can offer practical and tailored solutions that address your institution's specific needs.

Our team is highly experienced in auditing Academy Trusts and Multi-Academy Trusts (MATs), ensuring full compliance with ESFA guidance, the Academies Accounts Direction (AAD), and academy financial handbook requirements.

Audit process
01.

Sector-Specific Expertise

With extensive experience in the education sector, our team is well-versed in the complexities faced by schools, universities, and educational charities.

02.

HMRC Compliance

Our services are aligned with the latest HMRC and UK regulations, ensuring your institution remains compliant with tax obligations and receives expert advice on VAT, payroll, and accounts management.

03.

Tailored Advice

We understand that each educational institution has its own set of challenges. We offer bespoke advice to help you navigate changes in funding, compliance, and operational efficiency.

Our Sectors We work in

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