‘What matters isn’t the amount of money spent per pupil, but how that money is spent. So we should all be focusing on improving value for money in schools’ spending’
Enable a whole school approach to effective financial management that supports the school’s improvement plan and improves outcomes for pupils.
Close scrutiny on public spending demands that schools and academies manage their finances carefully to ensure their funds provide the best possible outcomes for young people. The Schools Financial Value Standard advocates a value-for-money culture right across the school, stating that if the best spending decisions are to be made, everyone with responsibility for the procurement or use of goods or services should understand the importance of value for money for the whole school.
Getting people to understand their individual and collective responsibility for sound financial management requires a structured, determined strategy. Achieving Value for Money and Improved Outcomes enables School Business Managers to lead a targeted training programme to help your school operate effective financial management and a value-for-money culture.