ESFA has published the 16 to 19 Bursary Fund audit guide, which includes the audit working papers they use. This guide is designed to help local authorities obtain assurance that institutions are administering the 16 to 19 Bursary Fund properly and refers to activity in the 2023 to 2024 academic year. Although the guide is aimed primarily at local authorities, other institutions may find it helpful to review the information about ESFA assurance and audit as they review their bursary fund processes and policies ahead of the new academic year.
