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Financial assurance in maintained schools

Ref: 4625
Last updated on 2 February 2018
School types: Maintained · School phases: All
In-depth article
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.

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Contents

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

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