Are you prepared for ESFA audit? We can provide audit "Health checks" to our clients to ensure there are no nasty surprises at ESFA audit.
We are an expert team of auditors, and specialists in the rules governing the delivery of Education & Skills Funding Agency provision.
The rules change constantly and it is hard for organisations to stay ahead of these changes and make sure that their provision is compliant and effective and that underclaim is avoided.
That's where we come in...Our clients perform outstandingly well at Agency audit and they also perform excellently financially and we have a big role to play in that equation.
ILR Data drives funding and can be a “minefield”. Inaccurate ILR returns can result in both over and under claims of funding.
With over 35 years combined experience in the sector, we can guide you through the ILR data requirements to ensure that your funding claim is accurate.
From ILR data entry, though to data validation and submission of your ILR return, we can support you. .
SRF are experts in ESFA Funding Rules and System Design.
⇒ Apprenticeships (Levy & Non Levy)
⇒ Adult Classroom
⇒ Community learning
⇒ Further Education - 16-19 study programmes and traineeships.
Is your organisation ready for Apprenticeship funding reforms? We can provide support and expertise in ensuring that you have the systems and controls in place to ensure compliance in the changing world of apprenticeship programmes and funding.
Are you delivering additional support to learners but unsure whether a claim would be supportable? Give SRF a call to discuss how you can ensure that you are claiming the funding you are due.
A tailored approach dependent upon your needs. This could be a mock ESFA audit, general claims testing or it might just be claims testing for a particular sector or department you have concerns with.
Our biggest single underclaim identified in 14/15 resulted in the client recouping over £250,000.
Our biggest single overclaim identified in 14/15 was over £1,000,000.
Our clients received over £75,000,000 of Government funding in 2013/14.
We were able to recoup the £36,000 a client had incorrectly taken off their claim in 2015/16.
SRF have use of several Ofsted Associate Inspectors and can arrange for anything from Qualitative development in a particular area of delivery or a full blown 'Mock Inspection'. We are also able to offer a full Sub-contractor Contract Compliance service, which is now compulsory for all Lead Providers.View service details
We offer internal audit and monitoring of Skills Support for the Workforce and Skills Support for the Unemployed. We carry out audits for standalone ESF Projects. We can design an approach based around your budget that gives you assurance on your evidence of delivery.View service details
It’s fair to say that the benefits that SRF have brought to Qube have outweighed the cost; making this a very cost effective solution for Qube.
SRF have provided an ongoing audit programme across the NOVA Consortium for a number of years. Their work has been of considerable benefit to the strengthening and improvement of internal control systems and to enable compliance with the continuously changing requirements of the funding body. Their communication across the Consortium has been timely, clear and concise and their work and recommendations have been carried out in a decisive and thoughtful manner. They have consistently added value to the Consortium.
We appreciate the expertise that SRF Consultancy offer us and would recommend to other providers.