Following the Education Committee’s evidence session on 25 October 2015, Neil Carmichael MP, chair of the committee, has written to Jonathan Slater, Permanent Secretary at the Department for Education (DfE), providing a response on the DfE’s 'dry run' of the Sector Annual Report and Accounts. Their main comments include:
the Select Committee “remains to be convinced” that the revised arrangements will give adequate levels of transparency and accountability of the DfE’s expenditure on academies
the unexplained delay in the publication of the Academies Annual Report for 2014-15 limits the usefulness of the dry run document
the Committee are concerned about the DfE’s ability to stick to its timetable
the DfE must do more to show its commitment to accountability of around £18 billion of public money
Under the headline of governance, the letter asserts that lines of accountability, especially in terms of the role of the Education Funding Agency (EFA) and the Regional Schools Commissioners (RSCs), need to be sharper, as well as identifying the need for increasing the level of information on any issued notices to improve.
A further public session of the committee will be held in 2017. Governors at academies can find guidance on finance, governance and more in the academies section of our guidance centre.