Independent schools

Independent schools insights             

Independent schools

Board assurance: a toolkit for Independent schools

Board assurance: a toolkit for Independent schools

From advising on forthcoming financial reporting changes and providing pragmatic tax solutions to advice on mergers and governance effectiveness reviews, our experienced education team will deliver practical solutions to support the development of your independent school.

We understand the challenges independent schools face. Governors, heads and bursars increasingly having to consider:

  • the general affordability of private education;
  • balancing the need for realistic fees with the conflicting demands of campus enhancement and providing bursaries;
  • meeting the public benefit requirement;
  • competition from, and the costs of involvement in, government sponsored academy projects;
  • rising pension contribution rates causing financial pressures; and
  • the general regulatory burden.

Our commitment to you

You will benefit from our genuine interest and focus on the sector together with our understanding of the issues being faced. We work with our independent school clients to help them achieve their goals by working in partnership with you and sharing best practice ideas from our experience in the education and commercial sectors.

Our experience

Our independent schools team has diverse and in-depth experience across the sector. We work closely with leading umbrella bodies such as ISBA (Independent Schools Bursars Association) and AGBIS (Association of Governing Bodies of Independent Schools). We take the time to acquire real knowledge and understanding of your school by talking to the people who are responsible for day-to-day operations and delivering practical solutions that meet your specific needs. Our clients include both charitable and for profit schools as well as academies.

We contribute at a national level to the sector press and with regulators. We are regularly asked for our comments on matters of sector importance and for technical input on complex accounting issues. RSM publishes regular surveys on management and governance best practice.

Advice and services

Alongside our audit service, we also act for many schools on an advisory basis, providing advice in the following areas:

If you would like to talk to us about your school please contact us today.