Guidance

Further education bodies: insolvency guidance

Guidance for governors on the new insolvency regime for further education and sixth-form colleges.

• From: Department for Education
• Published: 29 January 2019
• Last updated: 24 January 2020 — See all updates

Applies to England

Documents

Further education bodies: insolvency guidance

Ref: DFE-00007-2020

PDF, 392 KB, 55 pages

Details

This document provides technical information on the new insolvency regime for further education bodies, and general guidance on how to reduce the risk of insolvency through good financial management.

It is primarily aimed at governors, but should be also useful for college finance directors and other senior staff.

Published 29 January 2019
Last updated 24 January 2020 + show all updates

1. 24 January 2020

   Added information on college oversight regime, Integrated Finance Model for Colleges, financial dashboard, guidance provided by the Charity Commission and national governance codes. Also updated some links and made minor updates to technical text on insolvency.

2. 29 January 2019

   First published.