How to get value from your internal scrutiny programme

Internal scrutiny processes can add value to an academy trust's operations, in many ways.

Internal scrutiny helps to identify and manage risks, both financial and operational, which could have a negative impact on the trust's operations and reputation and ultimately ability to meet its strategic objectives. By identifying these risks, an academy trust can take steps to mitigate them, which can help to protect its assets and ensure that it operates effectively.

The process of internal scrutiny can help to identify areas where the trust's operations could be improved, for example, by streamlining processes or reducing costs. By identifying these opportunities for improvement, the trust can make changes that can increase efficiency and effectiveness.

A further benefit that academy trusts can gain from a robust internal scrutiny audit, is that it can help promote transparency and accountability within the trust, by ensuring that its operations are conducted in accordance with established policies and procedures, and that its resources are used effectively and efficiently. This can help to build trust and confidence among stakeholders, including staff, parents, and the wider community.

Internal Scrutiny is a requirement but can be so much more than a tick-box exercise.  An effective internal scrutiny process can add significant value to an academy trust, by helping to manage risks, identify opportunities for improvement, and promote transparency and accountability.

To learn more about how your trust can get added value from its internal scrutiny processes, watch our on-demand webinar Is Internal Scrutiny Adding Value to Your Trust? Experts from our Finance Services and Governance Services team discuss what to look for and how to best use the data uncovered and provide practical guidance on steps to achieve your goals. 

For a discussion about your academy trust's internal scrutiny requirements, call us on 0330 123 2549 or email enquire@strictlyeducation.co.uk we are happy to answer your questions.