Mock Funding Compliance Review
Ever wondered what would happen if the Education and Skills Funding Agency (ESFA) carried out a funding assurance review of your Individualised Learner Record (ILR)?
If you’d rather know these answers without experiencing an actual review, then maybe you should consider a mock funding review.
Why a funding assurance review?
A mock funding assurance review is conducted in the same manner as an actual ESFA assurance review, using the same working papers and approach. The issues identified as part of this review will be those that would also be found in an actual review. The difference is that it’s done on your terms with the work being carried out as a ‘critical friend’. Once you know what the problems are, you can work to resolve them before submitting your final funding claim. As such, you minimise the risk to funding and the reputational risk should a review raise significant concerns.