School Financial Value Standard - new questions

School Financial Value Standard (SFVS) - new questions

Consultant: Steve BarkerDate posted: July 2015

The Education Funding Agency (EFA) updated the Schools Financial Value Standard (SFVS) in April this year. The SFVS is intended to help maintained schools and Pupil Referral Units (PRUs) (it does not apply to Academies and Free Schools) to manage their finances and to provide assurance to the Local Authority that they have secure financial management in place.


There are two new questions that have been added to the assessment form, in April under Section A; The Governing Body and School Staff. These new questions relate to decisions that the governing body make on teachers’ pay and their use of professional external advice relating to Headteacher appraisal.

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Hot Topics webinar - 2nd October 2019

This Hot Topics webinar is an opportunity for governors and trustees to learn about what's new and happening in education of specific relevance to governance in schools and academy trusts. In this session we will provide a brief update on new regulations, policy and practice that will influence meetings of your governing body/trust this term. The webinar will be facilitated by our governance experts Steve Barker and Linda Waghorn and will be a mix of input, opinion polls conducted in real time and the opportunity to ask your questions. We are planning to include updates on; the Ofsted framework, Keeping Children Safe in Education, Data Protection and Teachers' Pay. This list may change and be added to, in order to reflect other news and updates near 2nd October.