School resource management self-assessment: summary

Academy trusts must complete the school resource management self-assessment checklist every year. Find out what it covers, so you know what to expect.

Last reviewed on 22 January 2024See updates
School types: AllSchool phases: AllRef: 46074
  1. What is the school resource management self-assessment?
  2. When is the deadline?
  3. Completing the checklist
  4. Use the self-assessment dashboard to help you complete the checklist
  5. Get your trustees' agreement before you submit

What is the school resource management self-assessment?

All academy trusts which have an open academy must complete the self-assessment checklist annually.

You must submit it to the Education and Schools Funding Agency (ESFA) through the online form. This form is updated every year. 

The checklist helps governing boards and trust boards to:

  • Check they have appropriate financial management and governance arrangements
  • Check they're meeting the right standards to achieve a good level of financial health and resource management
  • Identify areas for change to make sure the trust is using resources to support high-quality teaching and the best education outcomes for pupils

This is explained in DfE guidance.

This checklist is not required for maintained schools. Instead, they must submit the Schools Financial Value Standard (SFVS).

When is the deadline?

All academy trusts with an open academy on 31 December 2023 must submit the checklist for the 2023-24 financial year by 15 March 2024.

The online

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