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MHA are specialists in the education field and our experts have been advising schools for over 20 years. Our specialist academy accountants and business advisers act for over 100 academies and are in contact with more than 100 other schools at various stages of converting to academy status. Our education specialists have the required experience, expertise and resources to provide a full range of accounting, taxation and advisory services for academies. We also offer insightful and expert opinion on all aspects of applying for academy status, conversion to an academy and the financial implications of running an academy school.
The Academy Act 2010 offers schools the opportunity to benefit from the freedoms and flexibilities that academy status can bring, including: freedom from LEA control and routine school inspections, greater control over the budget, freedom to set teachers’ pay and contracts, as well as greater flexibility in the curriculum, term times and length of the school day. However, the decision not to proceed with academy conversion is equally important and needs to consider the level of support the LEA will be able to provide for schools that remain under their control.