Trust improvement through internal scrutiny

 Internal scrutiny is a powerful tool for trust improvement, but only if you read the reports and act on the recommendations made. Once you've had your report from your internal scrutiny partner, it's time to take a look at what they found. It might sound obvious, but you'd be surprised how often this step gets skipped! According to the Academ...

 As part of the Schools White Paper published nearly 12 months ago, the Government set out it's plan to have to have all schools "in a strong multi-academy trust or with plans to join or form one" within the next eight years. Whilst recent news has talked about this target likely to be missed, the move to greater academisation appears one way....

Crises can strike without prior warning and be highly detrimental to any established business, especially in the current uncertain economic climate. This holds true for the UK's education sector, where schools and academy trusts are struggling to deal with multiple issues, from budget cuts to curriculum changes. The ideal way to mitigate any form o...

At Keystone Knowledge, we understand the critical importance of safeguarding educational institutions against fraud. To help schools navigate this complex issue, we've compiled essential tips from the UK Government's guidance on potential fraud. Our National Assurance Director, Matthew Clements-Wheeler, shares his insights on the best practices for...

As schools prepare for the new academic year, HR strategies are more critical than ever. In a recent Keystone Knowledge webinar, Pip Lloyd, Head of HR at Keystone, shared invaluable insights into crafting effective HR strategies and navigating the evolving landscape of education. Here's a comprehensive summary of the key takeaways and actionable in...

The UK government has recently unveiled the 2024 edition of the Academies Financial Handbook, bringing forth crucial updates and simplifications aimed at enhancing governance and financial management within academy trusts. This comprehensive guide explores the significant changes and their implications, offering insights for Multi-Academy Trust (MA...

An infographic showing a man holding a magnifying glass up to a report

Introduction: Selecting the appropriate internal scrutiny partner is the crucial first step in ensuring that your school or trust maximizes the benefits of internal scrutiny. In accordance with the guidelines set out in the Academy Trust Handbook, your internal scrutiny process should encompass a wide range of financial and non-financial controls, ...

Internal scrutiny can often be seen as something that's worrying, or a boring compliance piece that gets in the way of day- to-day trust operations. However, effective internal scrutiny can bring multiple benefits to a trust. Here are 5 ways that internal scrutiny can benefit your trust beyond compliance with ESFA regulations: 1. External expertise...

Internal scrutiny plays an essential part in managing risks in schools and trusts, but whilst traditional methods focus primarily on ensuring compliance with regulations and internal procedures, they often fall short in identifying and addressing hidden risks that lurk beneath the surface. This blog aims to delve deeper into the imperative of enhan...

When it comes to internal scrutiny, often the narrative is one of fear and apprehension, but this needn't be the case. In our latest video, Keystone's Education Leadership Consultant, Matthew Clements-Wheeler, outlines 7 ways you can foster a positive culture around internal scrutiny in your organisation. If you have any questions around internal s...

Using an external partner for internal scrutiny can be a worrying task, with your procedures and practices being put under scrutiny and tested for weaknesses. But is internal scrutiny really a scary prospect?  Schools and trusts are already carrying out internal scrutiny routinely, often on a day-to-day basis, it just isn't nece...

There are a developing number of stories explaining that MAT top slices are increasing and the number of trusts with fully-centralised functions is also on the rise. But what does this mean for children in schools? The intention behind this movement is that schools should get a better deal and, in turn, this delivers better outcomes for y...

Schools and academy trusts are in the people-business; because an academy trust will only ever be as good as the people it employs. This means all MAT leaders have to attract, recruit and retain the best staff they can. When you understand how your arrangements to support and include a wide range of staff are working, or aren't, you have an opportu...

At Keystone Knowledge, we talk a lot about values. It's so important to have a good set of values, whether they are your personal values or your schools. They really do form the basis for everything you do, provide a framework for how to tackle problems and build a happy, fulfilling environment for everyone. If you would like some advice on putting...

The Keystone team have gone above and beyond this year.

 2021 was a tough year for many and the Keystone staff had their share of struggles. Despite this, they went above and beyond to give our clients an exceptional service with measurable outcomes for pupils. Our vision is for every child to receive an outstanding education, underpinned by excellent school and trust management – and we like to th...

When Keystone was set up, we knew that we would primarily provide support to schools in a range of areas, such as HR, health and safety, auditing, and trust growth support. Over the past 12 months, we've been approached by a few school business professionals who are looking at setting up new MATs. Nominative determinism is the idea that people tend...

All schools, whether they are trusts or maintained schools, have a set of values that they aim to follow. The DfE and the ESFA tend to focus on the quantitative side of schooling with an overwhelming emphasis on exam or assessment results. Although these are incredibly important and help set us up to succeed in the professional world, they aren't t...

"Why do we do things this way or that way?" That is the question often goes through my mind whenever I enter a school or trust. Why is the status quo the status quo? Is it because it's the right thing to do, the best way to do things or the easiest way to do things? Academisation has given schools and trusts more freedom than ever to run as they se...

Standard internal scrutiny practices, including compliance checks against legislation and internal procedures, are essential for any multi-academy trust. They offer a critical check and balance, helping to ensure the trust's legal and operational health. However, what happens when these traditional approaches overlook hidden risks, those which lie ...

Internal scrutiny: friend or foe?

Internal scrutiny is an important part of your trust risk management and should be seen as a tool that provides reassurance, unbiased advice and strategic recommendations for your organisation. However, it is often viewed as a 'scary' audit where an outside company is picking fault with the processes and procedures in your trust. This shouldn't be ...