All academies are required to complete a return for submission each year.
This full financial management and governance evaluation (FMGE) return must be completed by:
- all federations
- academies previously self-assessed or assessed with an Inadequate overall rating for financial management and governance
- any academy that has not previously completed one
- any academy wishing to upgrade its overall rating for financial management and governance since the last round
Academies that do not fall into any of these categories may choose to complete either this full return, or the summary version. The academy’s accounting officer should decide whether to complete the summary or full version.