All areas of the education sector face a period of unprecedented structural change, while also dealing with significant financial challenges alongside the ever-present need to maintain standards. The Further Education sector has become adept at dealing with constant policy change over the last 15 years. FE providers are now being offered new freedoms within a changing local environment, including the ability, via partnerships, to compete with High Education Institutions, yet only the fittest will be able to respond while also managing a 25% cut in funding.
Schools still in Local Authority control already have to deal with complex LA reporting requirements. Those switching to academy status find that reporting needs may change but do not lessen, with the more commercial expectations of business-focused sponsors , new demands of company financial and regulatory reporting alongside DFE returns and the need to manage support services which were previously provided by the Local Authority.
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