A respected magazine, EDEXEC: ‘supporting business and financial excellence in schools and colleges’, has warned that the risk of fraud in schools is increased with the onset of academies and ‘free’ schools. The Audit Commission also raised concerns last year. Solicitors Anil Rajani and Catherine O’Reilly in their article say, “Unlike local authority-run schools, these types of educational establishment have a more self-governing approach, with headteachers and staff given more control over budgets.” Some of us can remember what happened when Further Education Colleges were taken out of local authority control. The Audit Commission has apparently received a large volume of allegations of fraud from governors, teachers and parents. Read the whole article.