All academies should have undertaken the School Resource Management Self-Assessment; and all maintained schools should have undertaken the Schools Financial Value Standard. These are both compulsory returns to the Department for Education and can be used to facilitate a conversation on resource management, including curriculum and financial planning. Having done one of these is a requirement for Tier 2 funding to be released.
Guidance on Financial Health and Efficiency: www.gov.uk/government/collections/schools-financial-health-and-efficiency
School Resource Management Self-Assessment Tool: www.gov.uk/government/publications/school-resource-management-self-assessment-tool
Schools Financial Value Standard: www.gov.uk/government/publications/schools-financial-value-standard-sfvs
School Resource Management Checklist: www.gov.uk/guidance/school-resource-management-checklist