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Media kit

Schools at a glance infographic Schools at a glance infographic
Figure 1 - Outstanding audits as at 31 December 2022 Figure 1 - Outstanding audits as at 31 December 2022
Figure 2 - Types of modified opinions Figure 2 - Types of modified opinions
Figure 3 - Schools that were issued a “limitation of scope” opinion about locally raised funds in their audit report Figure 3 - Schools that were issued a “limitation of scope” opinion about locally raised funds in their audit report
Figure 4 - Schools with “limitation of scope” opinions about cyclical maintenance Figure 4 - Schools with “limitation of scope” opinions about cyclical maintenance
Figure 5 - Average cash and investments held by schools, from 2019 to 2021 Figure 5 - Average cash and investments held by schools, from 2019 to 2021
Figure 6 - Number of schools by decile that hold different levels of available cash, as at 31 December 2021 Figure 6 - Number of schools by decile that hold different levels of available cash, as at 31 December 2021
Figure 7 - Average locally raised funds (excluding international student revenue) for each school by region Figure 7 - Average locally raised funds (excluding international student revenue) for each school by region
Figure 8 - Average locally raised funds plus donations scheme funding for each school, by decile Figure 8 - Average locally raised funds plus donations scheme funding for each school, by decile
Figure 9 - Average international student revenue for each school by decile Figure 9 - Average international student revenue for each school by decile
Figure 10 - Aggregated surpluses and deficits for schools in 2019, 2020, and 2021 Figure 10 - Aggregated surpluses and deficits for schools in 2019, 2020, and 2021
Figure 11 - Schools with working capital deficit, by decile Figure 11 - Schools with working capital deficit, by decile
Figure 12 - Schools that needed letters of support for their 2021 audits to confirm they were a “going concern” Figure 12 - Schools that needed letters of support for their 2021 audits to confirm they were a “going concern”
Figure 13 - Staff costs that are board-funded as a percentage of the school’s operations grants Figure 13 - Staff costs that are board-funded as a percentage of the school’s operations grants
Figure 14 - Value of payroll errors, from 2016 to 2021 Figure 14 - Value of payroll errors, from 2016 to 2021
Spokesperson: Tuzla Lathiff, Sector Manager, Schools Spokesperson: Tuzla Lathiff, Sector Manager, Schools
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Contents
  • Results of the 2021 school audits
    • Letter to the Secretary for Education
    • Schools at a glance
    • Our recommendations
    • Part 1: Completing the school audits
    • Part 2: What did our audit reports say?
    • Part 3: Schools in financial difficulty
    • Part 4: Matters we identified during our audits
    • Part 5: Other matters
    • Appendix: Update on progress with our previous recommendations
    • Media kit
      • Schools at a glance infographic Schools at a glance infographic
      • Figure 1 - Outstanding audits as at 31 December 2022 Figure 1 - Outstanding audits as at 31 December 2022
      • Figure 2 - Types of modified opinions Figure 2 - Types of modified opinions
      • Figure 3 - Schools that were issued a “limitation of scope” opinion about locally raised funds in their audit report Figure 3 - Schools that were issued a “limitation of scope” opinion about locally raised funds in their audit report
      • Figure 4 - Schools with “limitation of scope” opinions about cyclical maintenance Figure 4 - Schools with “limitation of scope” opinions about cyclical maintenance
      • Figure 5 - Average cash and investments held by schools, from 2019 to 2021 Figure 5 - Average cash and investments held by schools, from 2019 to 2021
      • Figure 6 - Number of schools by decile that hold different levels of available cash, as at 31 December 2021 Figure 6 - Number of schools by decile that hold different levels of available cash, as at 31 December 2021
      • Figure 7 - Average locally raised funds (excluding international student revenue) for each school by region Figure 7 - Average locally raised funds (excluding international student revenue) for each school by region
      • Figure 8 - Average locally raised funds plus donations scheme funding for each school, by decile Figure 8 - Average locally raised funds plus donations scheme funding for each school, by decile
      • Figure 9 - Average international student revenue for each school by decile Figure 9 - Average international student revenue for each school by decile
      • Figure 10 - Aggregated surpluses and deficits for schools in 2019, 2020, and 2021 Figure 10 - Aggregated surpluses and deficits for schools in 2019, 2020, and 2021
      • Figure 11 - Schools with working capital deficit, by decile Figure 11 - Schools with working capital deficit, by decile
      • Figure 12 - Schools that needed letters of support for their 2021 audits to confirm they were a “going concern” Figure 12 - Schools that needed letters of support for their 2021 audits to confirm they were a “going concern”
      • Figure 13 - Staff costs that are board-funded as a percentage of the school’s operations grants Figure 13 - Staff costs that are board-funded as a percentage of the school’s operations grants
      • Figure 14 - Value of payroll errors, from 2016 to 2021 Figure 14 - Value of payroll errors, from 2016 to 2021
      • Spokesperson: Tuzla Lathiff, Sector Manager, Schools Spokesperson: Tuzla Lathiff, Sector Manager, Schools

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