Audit and investigation – schools financial value standards 2017/18

This service is available for Maintained schools, Academies and Other schools and settings

Description:

Support on how to meet schools financial value standard (SFVS) requirements cost effectively through training and guidance to school staff and governors.

Year 
Financial year 2017/18
Benefits 
  • Provide independent advice and guides to help school governors confidently assess their school's financial management and efficiency
  • Production to a robust self assessment
  • Extensive knowledge of the education sector
  • Cost effective advice provided by professional and independent audit staff.
Additional / buy back services 

The Department for Education includes the new SFVS in the outturn statement for the dedicated schools grant, which is signed by the council’s chief finance officer (CFO).

The CFO will be required to give adequate assurance over schools’ standards of financial management and the regularity and propriety of their spending. The CFO will obtain this through the work of an internal audit.

Office hours:

Monday to Friday, 9am to 5pm.

Planned improvements:

Ongoing process of continued service improvement.

Related content:
Provider:

Audit and investigation, corporate resources.

Contact:
Further details:

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Last updated: 22 Sep 2017