Local-authority-maintained schools must submit the schools financial value standard (SFVS) annually to their local authority.

Local authorities use this information to inform their programme of financial assessment and audit. Local authorities submit an assurance statement every year to cover all the maintained schools in their area.

The checklist asks questions of governing bodies in 6 areas of resource management. It provides clarification for each question, examples of good practice, and details of further support available to assist schools in addressing specific issues. The dashboard shows how a school’s data compares to thresholds on a range of statistics identified by the Department for Education (DfE) as indicators of good resource management and outcomes. It provides explanations of each of the indicators and helps schools to fill in their data and understand the results.

Delegates will:

• Understand the purpose of SFVS for maintained schools
• Understand the role of governors in conducting the SFVS
• Be able to ask effective questions to ensure financial probity of the school

The price for this training session is £90 per delegate. Don’t forget – our Governor SLA packages offer unlimited access to Edsential’s annual governor training programme for all governors in your school. Prices start from just £515 – find out more and purchase here.

For schools already bought into the annual Governor Training SLA please continue to book this session below as normal – you will not be charged as part of your SLA.