Guidance

School resource management self-assessment checklist

This self-assessment checklist helps academy trusts check they are managing resources effectively and identify any adjustments they need to make.

Applies to England

Submit your self-assessment checklist

Use the online form to submit your checklist.

If you have used this type of online form before, for example, the last time you submitted your checklist or the accounts submission coversheet, you can log in using the same details. Do not use your identity and access management system (IDAMS) registration details, as these will not work with this form.

If you have forgotten your login details, or have not used the form before, request a new password or create a DfE account.

The 2022 to 2023 checklist support notes (PDF, 367 KB, 35 pages) provides guidance on the questions.

Overview

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

The checklist helps governing bodies and trust boards to:

  • check they have appropriate financial management and governance arrangements
  • check they are meeting the right standards to achieve a good level of financial health and resource management
  • identify areas for change to make sure resources are used to support high-quality teaching and the best education outcomes for pupils

The checklist was previously part of the school resource management self-assessment tool (SRMSAT).

Who needs to complete the self-assessment checklist

All academy trusts which have an open academy on 31 December 2022 must complete and submit a 2022 to 2023 self-assessment checklist.

Local authority maintained schools should use the schools financial value standard.

Complete your checklist

The checklist covers 6 areas:

  • governance
  • trust strategy
  • setting the annual budget
  • staffing
  • value for money
  • protecting the public purse

As you’re completing your self-assessment checklist, you may find it useful to refer to:

Self-assessment dashboard

The self-assessment dashboard helps trusts to complete their checklists. To find your self-assessment dashboard:

  1. Search for your school(s) on the schools financial benchmarking service.

  2. Click on ‘start a comparison’.

  3. Click on ‘self-assessment dashboard’.

Guidance on completing the self-assessment dashboard is available.

The dashboard provides red, amber or green (RAG) ratings against a school’s data. This indicates how its spending and characteristics compare with similar schools or nationally recognised bandings and includes possible follow-up actions.

The dashboard was previously part of the SRMSAT.

Contact us

Send feedback on the checklist and guidance to school.resourcemanagement@education.gov.uk.

If you’d like to receive occasional updates from DfE on school resource management, sign up to our school business professional contact list.

Published 6 August 2021
Last updated 17 January 2023 + show all updates
  1. A link to the online form for academy trusts to submit their self-assessment checklist has been added.

  2. The document ‘2022 to 2023 checklist support notes’ has replaced the 2021 to 2022 equivalent. Changes from 2021 to 2022 are outlined in the document, under the heading “What has changed in this edition”.

  3. Added a link to the online form for academy trusts to submit their return and updated the 2021 to 2022 checklist support notes with guidance on how to make the submission.

  4. Updated checklist support notes for 2021 to 2022 including changes made to the questions and information on how to submit the form.

  5. Amended the date shown in 'submit your checklist' from 15 April 2022 to 15 March 2022.

  6. Updated for the 2021 to 2022 checklist.

  7. First published.