It may seem a while off, but if you want to meet the deadline for submitting your School Financial Value Standard (SFVS), it’s time to start preparing.
If you’re a Local Authority (LA) maintained school, you have until 31st March 2018 to complete the SFVS assessment form.
The SFVS is an assessment form, made up of 25 questions aimed primarily at your governing body, to help your school manage its finances and provides assurance to your LA that you have secure financial management in place.
The questions you’ll need to answer involve:
IMPORTANT NOTE: Even though it’s still a few months away, it’s important to remember that the form must be approved by your Full Governing Body and signed by your Chair of Governors prior to submission, so you’ll need to compete the SFVS before your Spring FGB meeting.
Our consultants will gladly take the pressure off your hands by supporting and guiding you through the process, ensuring that your questions are signed off and submitted to the LA in time, so that the application is completed on time.
With our support, you will be able to produce everything you need for SFVS compliance, including:
If you would like us to help, then simply click the button below to get in touch and arrange your on-site, half day finance visit from one of our expert consultants.