You are here:

Last updated on 2 February 2018
Ref: 4625
School types: Maintained · School phases: All

How do maintained schools assure their finances? We relay guidance and expert advice for maintained school governors, who must submit annual schools financial value standard and consistent financial reporting returns to their local authority (LA). We also look at how often LAs audit their schools.

Article tools


  1. Governors' accountability
  2. Completing the SFVS
  3. Financial returns and audit requirements
  4. LA monitoring of school finances

More from The Key

The Key has taken great care in publishing this article. However, some of the article's content and information may come from or link to third party sources whose quality, relevance, accuracy, completeness, currency and reliability we do not guarantee. Accordingly, we will not be held liable for any use of or reliance placed on this article's content or the links or downloads it provides. This article may contain information sourced from public sector bodies and licensed under the Open Government Licence.