SFA update 359 Financial assurance 2016 to 2017
Financial assurance 2016 to 2017: monitoring the funding rules
We have updated the following documents to include apprenticeships starts from 1 May 2017 where appropriate:
- funding rules monitoring plan for the funding year 2016 to 2017
- funding monitoring reports user guide
The suite of reports has been updated to include R10 individualised learner record (ILR) data. You must review this data to determine whether you need to make any data corrections in your next ILR submission as specified in the guidance. Where the data is correct, you must ensure that you, or your subcontractors have the evidence to justify the funding claimed.
For further information, please contact your business operations provider manager.