Financial Management and Control Evaluation
Financial Management and Control Evaluation (FMCE)
The new FMCE documents that are to be completed by all colleges and providers which are in scope for version 1 of the Framework for Excellence were made available on the LSC website from the 12th September 2008.
The documentation comprises a guidance note plus three annexes targeted at different provider types. Please note that colleges and providers are required to complete the relevant annex and return to the LSC by the 12th December 2008. Please direct any questions that you may have regarding the FMCE forms/process to your Regional Audit Manager.
FMCE Guidance for All Providers Issue 1.01 September 2008
FMCE Annex A Colleges Issue 1.01 September 2008
FMCE Annex B Non College Providers > 5% LSC Income Issue 1.01 September 2008
FMCE Annex C Non College Providers < 5% LSC Income Issue 1.01 September 2008
In order to assist providers and colleges, worked examples for the new Annexes are available below:
FMCE Annex A Colleges - Worked Example Issue 1.0
FMCE Annex B Non Colleges Providers > 5% LSC Income - Worked Example Issue 1.0
FMCE Annex C Non College Providers < 5% LSC Income - Worked Example Issue 1.0
