Guidance

Academies financial management and governance self-assessment

Financial management and governance self-assessment (FMGS) for new academy trusts to submit to ESFA.

Documents

Details

New academy trusts

Newly operational academy trusts must submit an FMGS return within 3 months of opening their first school(s).

Accessing the FMGS online form

Please use the FMGS online form.

The document on this page lists the FMGS questions for review before using the online form.

Published 11 March 2014
Last updated 1 September 2020 + show all updates
  1. We have updated this page to reinstate the financial management and governance self-assessment (FMGS) for new academy trusts after being paused due to COVID-19.

  2. Updated to suspend the requirement for new academy trusts to complete the FMGS return.

  3. Page updated with a link to the new FMGS online form with updated FMGS questions.

  4. Updated with links to a new online form for FMGS.

  5. Updated list of questions found in the FMGS online form.

  6. The Education Funding Agency (EFA) has updated the list of questions found in the online Financial Management and Governance Self-Assessment (FMGS) form.

  7. The Education Funding Agency (EFA) has published a new online form for academy trusts to use to submit their financial management and governance self-assessments, which are due within 4 months of opening as an academy trust.

  8. The Education Funding Agency has made minor revisions to the Financial Management and Governance Self-Assessment template to reflect the requirements of the Academies Financial Handbook, updated in October 2013.

  9. First published.