School audit and SAAR
The School Annual Accrual Report (SAAR) forms part of the school's annual financial statements. The purpose of the school audit is to check and certify the SAAR to verify that the people named were employees of the board, and that the amounts paid to them are correct.
Leave liability reports and error schedules allow your school to finalise changes to the SAAR and to complete the required journals. You can then complete your annual financial statements for your auditors.
Key dates
| Date |
Activity |
| 09 February 2026 |
Reports are available in EdPay |
| 31 March 2026 |
Financial statements should be with auditors |
| 31 May 2026 |
Annual reports to be submitted to the Ministry
|
School audit reports
The SAAR contains summarised salary and wage information from your Staff Usage and Expenditure (SUE) reports for your employees from 28 January to 27 January each year. It also contains specific financial data that you need to complete your financial statements (eg, estimated ACC Levy data).
The Leave Liability reports advise schools of the leave liabilities, based on the leave balances held in EdPay, that they need to report for their non-teaching staff.
A number of payroll error schedules (Overpayments and Funding Code errors) are provided to allow your school to finalise your financial statements. Because these errors have not been adjusted within your fortnightly SUE reports they have been carried into the SAAR, which sums your SUE data into a single report, and therefore requires correction in the financial statements.
Resources
If you need more information or help, please use these resources.
Related links
Ministry of Education website:
Reports:
How to: