At TIAA we understand the changing landscape of the education sector. We have worked with primary and secondary schools, sixth-form colleges, FE colleges, academies and trusts and higher education institutions throughout the UK.
We know that your institution faces constant challenges through new initiatives, changes to policy and financial constraints. We come to you with the latest information so that we can support you, your learners and communities to exceed expectations. Our specialist teams are qualified and experienced in working with educational establishments, and we understand the sector’s particular risks and complexities.
We do not offer a ‘tick-box’ service, as we appreciate that each institution’s ethos is distinctive and unique. We will find out your local requirements prior to formulating the internal audit plan, and ensure our service is tailored to your needs and aspirations.
In recognition of our added value audit work, we are delighted to have been appointed to the Internal Audit Framework operated by the Crescent Purchasing Consortium (CPC). The CPC was established in 2000 to assist further education institutions, multi-academy trusts, schools and related organisations in obtaining better value for money for goods and services.
The range of services we offer includes:
With the new publication for the Academies Financial Handbook 2020 (AFH), Multi-Academy Trusts (MATs) need to ensure that their internal audit service is separate from their external audit provision and the service covers both financial and non-financial risks assurance.
TIAA has been working with the education sector for over 20 years and we have education clients throughout the length and breadth of England. These range from universities, further education colleges and many different types of MATs.
With our focus on business assurance, we provide cost effective pragmatic advice, guidance and assurance for any MATs seeking guidance, to ensure that compliance with the AFH is maintained.
We provide a local service, irrespective of your location and/or size, which is supported by a national technical infrastructure, thereby ensuring your MAT receives a bespoke service.
Please contact us for a no obligation discussion and/or further information on how we can be of service to your MAT.
To find out more about how TIAA can assist you, please contact us.