What is it?
Integrated curriculum and financial planning (ICFP) is a management process that helps your trust (and schools) design and plan the best curriculum for your pupils with the funding you have available.
The goal is to:
- Balance efficiency with educational outcomes
- Release funds to invest in additional improvement
It's not a requirement, but the Academy Trust Handbook encourages you to use it (see section 2.13) as it'll help you ensure value for money.
Who's involved and what's the process?
Your chief financial officer (CFO, or the equivalent) will likely use it, with the senior and middle leaders in each school feeding into the process.
There's no one way to do ICFP, but it should include an analysis of:
More detailed information on the process As part of ICFP, your CFO should: Analyse your current curriculum and financial position e.g. the breadth of the curriculum, teacher deployment and associated