Finance: Ensuring Robust School Financial Management -School Financial Values Standard (SFVS)
Ensuring Robust School Financial Management - School Financial Values Standard (SFVS)
Overseeing the financial performance of the school and making sure its money is well spent is a core duty of school Governing Boards but how do Governors assess whether they are successfully achieving this duty?
The annual completion and submission of the School Financial Value Standards (SFVS) is a requirement for all maintained schools, including pupil referral units. This self-assessment provides Governors a framework against which they can assess themselves against the standards necessary to achieve good financial health and resource management.
To provide Governors with:
- an introduction to the School Financial Value Standard (SFVS)
- an update on the changes to the SFVS for 2019-20
- an opportunity to discuss the questions included in the framework and consider the types of evidence that are needed to assess how well the school is currently performing
- an opportunity to consider the next steps necessary to develop and strengthen the schools’ financial health and resource management.
Bookings will be taken through the WF Online system and will continue to be taken by the normal channels.
Bookings can be made by phone, email or at your Governing Body meeting.
Should you require further information please contact
Email: email@example.com or contact Governor Services on 020 8496 6351.