¾«Æ·SMÔÚÏßӰƬ

Skip to content
Back
Finance & resources

Financial oversight in academy trusts

Understand how trust boards oversee financial performance and make sure money is well spent.

Guidance
12/07/2022

Trust boards are responsible for overseeing the financial performance of their trust and making sure its money is well spent – this is one of the core functions of governance.

This means ensuring:

  • value for money
  • money is spent in line with strategic priorities
  • leaders are held to account
  • compliance with the rules, including charity law, company law, the , their funding agreement, and controls put in place by the Education and Skills Funding Agency

This page covers:

  • delegating oversight functions
  • approving the trust’s budget
  • monitoring the budget
  • ensuring financial efficiency
  • resource management tools

Member-only content

Want to read this?

Become a member

¾«Æ·SMÔÚÏßӰƬ members get exclusive access to hundreds of practical resources including guidance, checklists and planners.

We’re here to support you at every stage of your governance journey with expert advice, training, events, and much more.

Learn more

Already a member?

Log in

Related content