Mark Sessions
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Mark Sessions commented,
I was able to save a draft this week and successfully submitted a declaration this morning (1st November) - I don't recall seeing any reference in ESFA Update about a 'deadline' for the first submission for 2023/24?
I was able to save a draft this week and successfully submitted a declaration this morning (1st November) - I don't recall seeing any reference in ESFA Update about a 'deadline' for the first submi...
Mark Sessions commented,
Please see page 8: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1098710/Assurance_reviews_of_the_subcontracting_standard_for_post-16_providers.pdf It was released 17th August 2022
Please see page 8: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1098710/Assurance_reviews_of_the_subcontracting_standard_for_post-16_providers.pd...
Mark Sessions commented,
Seeing as the ESFA have 3 months to make an assessment, I assume business as usual until then?! ESFA assessment Upon receipt of the finalised report ESFA will review the report’s findings, together with other relevant information, including locally held intelligence, to determine whether the provider has: a) achieved the standard b) not achieved the standard, but would be able to do so, if a series of identified actions are completed, which will demonstrate compliance with the standard. In this scenario the provider will be advised of the timeframe to demonstrate completion of the actions by ESFA c) not achieved the standard and are required to cease subcontracting activities, until ESFA is satisfied that the standard has been reached. This could mean that further audit work is required to substantiate this d) not achieved the standard and due to significant concerns identified either by the reporting accountant or by ESFA results in a permanent cessation of subcontracting Within approximately twelve weeks of receiving the report the provider will receive a response with the outcome of ESFA’s assessment and, if applicable, any actions required to achieve the standard. All actions will include a clear timeframe and will identify whether independent verification that the action has been completed is required by the reporting accountant, who provided the report.
Seeing as the ESFA have 3 months to make an assessment, I assume business as usual until then?! ESFA assessment Upon receipt of the finalised report ESFA will review the report’s findings, togethe...
Mark Sessions commented,
An e-mail extract from January should give you all you need: Action required by 31 July 2023 As you have declared the total value of your subcontracting delivery across all ESFA funding streams, exceeds or is anticipated to exceed, £100,000 in this academic year, you will need to: · Obtain an annual report from an external auditor · Supply us with both the external auditor’s final report and the assurance declaration (Annex B) via ESFA Document Exchange (https://skillsfunding.service.gov.uk/document-exchange/start) To upload your documents to ESFA document exchange log into Document exchange Select ‘Send a new document’ You must separately return both your assurance declaration and report to us. To return your report: choose ‘Subcontracting Standard RAG rated report’ as the document type To then return your assurance declaration (Annex B) choose ‘‘Subcontracting Standard Statement as the document type You can view more guidance on how to use Document Exchange in the user guide https://skillsfunding.service.gov.uk/document-exchange/user-guide
An e-mail extract from January should give you all you need: Action required by 31 July 2023 As you have declared the total value of your subcontracting delivery across all ESFA funding streams, ex...