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regulatory body . Where the DFE have not released working papers for us to utilise, a temporary audit template will be created utilising the evidence requirements within the relevant contract year funding rules. Internal audits will be completed by the SCL internal Compliance team, under the directive of the Chief Financial Officer. The compliance team are not responsible nor accountable for any risk or errors found, whilst the team can be consulted, they are to remain outside of handling of learner data for any error resolution. SCL Education Group will engage external auditors biannually to conduct audits in accordance with DFE funding assurance. This external review will encompass assessments of our provisions, enhancing the robustness of our audit policy and incorporating external perspectives. Each provision is to assist in the collection of learner evidence for auditors and resolving any errors or risks found. The remainder of the audit process review section relates to internal audits only.
Regular Audit Schedule
•
A rolling 6 weekly audit schedule has been established that covers all our funded provisions, including subcontracted areas, to maintain compliance integrity and identify potential risks promptly. The audit will cover the below volume per provision:
Audit planned volume over
12 w eeks
o
▪
Apprenticeships:
10 apprentices
▪
Adult Learning: 20 learners
▪
Study Programme : 40 learners
▪ Study Programme Subcontract: 20 learners
▪
Total: 90 learners between 2 FTE
▪
Random sample of
-NA - depending on learner volume
Regular reviews will be conducted with the Compliance team management to assess the need for additional resources as the number of provisions learners continues to increase throughout the contract year.
Risk Reduction and
Error Rating
•
The aim of internal audits is to identify, assess, and mitigate risks within compliance across all funding streams and ensure compliance with funding regulations. Where risk has been identified, all funding for the learner will be placed at risk and an error rating will be provided for each provision after each
12
weekly audit period.
The error rating has been designed in
-line with Ofsted Grading and shown below:
Outstanding: 0 – 0.49% error rating
o
SCL EDUCATION GROUP
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