61st Report - Education Funding Agency and Department for Education 2012-13 financial statements
- HC No.
- HC 1063
- Published
- 10 Jun 2014
- Items
- 0
- Response
- Response document linked Read government response ↗
Select Committee · Public Accounts Committee
Education Funding Agency and Department for Education Accounts
Status: Closed
Opened: 5 Feb 2014
Closed: 14 May 2014
1 report
Inquiry scope
Background The Education Funding Agency (EFA) is responsible for the funding of education for learners aged 3-19 or aged 3-25 for those with learning difficulties or disabilities. It is also responsible for the building and maintenance programmes for schools, academies, free schools and sixth form colleges. In 2012-13 the Agency distributed funding of £51 billion across the education sector. The Department was required to consolidate all academies within its financial statements for the first time in 2012-13. This presented it with a number of challenges for the Department and the Comptroller and Auditor General qualified his opinion on a number of grounds due to concerns over errors and uncertainties. The Department published the account in January 2014. This inquiry examines whether the creation of the Education Funding Agency has resulted into a coherent business, capable of securing value for money from its activities. It also examines the Department’s plans to address the causes of the qualifications of the Comptroller and Auditor General’s opinion. Related information: National Audit Office report: Performance and capability of the Education Funding Agency National Audit office: Department for Education and Education Funding Agency financial statements 2012-13Reports
Oral evidence sessions
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| Date | Session and witnesses | Source |
|---|---|---|
| 5 Mar 2014 | No witnesses recorded | View ↗ |
Correspondence
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| Published | Direction | Letter |
|---|---|---|
| 27 Mar 2015 | From committee | Letter to Rt Hon Margaret Hodge from Chris Wormauld about Durand Education Trust |
| 27 Mar 2015 | From committee | Letter to Public Accounts Committee from the Charity Commission about Durand Education Trust |