73rd Report - Academy Accounts and Performance
- HC No.
- HC 1597
- Published
- 23 Jan 2019
- Items
- 0
- Response
- Response document linked Read government response ↗
Select Committee · Public Accounts Committee
Academies Accounts and Performance inquiry
Status: Closed
Opened: 19 Sep 2018
Closed: 19 Sep 2018
1 report
Inquiry scope
Scope of the inquiry Academies are publicly funded independent state schools. The academy sector in England is responsible for the education of over two million pupils across nearly 6,000 academies. Academy trusts have some responsibilities other schools do not have, including responsibility for financial performance. It is important that academy trusts have the capability to run academy schools well and that they can be trusted to manage large amounts of public money. Each academy school must be part of an academy trust; most are part of multi-academy trusts that bring together groups of schools. Academy trusts are directly funded by, and accountable to the Department for Education (DfE) via the Education and Skills Funding Agency (ESFA). In 2016-17, DfE provided revenue funding of £17.0 billion to academies. As of January 2018, 7,472 of the 21,538 state-funded schools in England (35%) were academies. Of these, 6,996 had converted from maintained schools and 476 were free schools. In March 2018, the Committee published a report which concluded that academy trusts often fall short on standards of governance, accountability and financial management. The report welcomed the publication of the first Academies Sector Annual Report and Accounts (SARA) as a positive step forward in improving transparency and accountability in the sector. In November 2018, DfE published the second SARA, covering the academic year from 1 September 2016 to 31 August 2017. This inquiry will provide an opportunity to challenge officials about the SARA, and ask for updates about previous academy-related hearings. The Committee will question the DfE and ESFA about the quality, usefulness and timeliness of the SARA. It will also ask about progress on improving governance and financial management in the academies sector. Members may also want to ask about other issues related to academies such as asbestos and the condition of the school estate. In addition, Members will have a chance to ask teachers and parents of children in academies about their experiences.Reports
Oral evidence sessions
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Correspondence
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| Published | Direction | Letter |
|---|---|---|
| 13 Sep 2019 | To committee | Letter from Jonathan Slater to Chair, regarding Treasury minute response to Committee report Academy accounts and performance - dated 22 July 2019 |
| 1 Jul 2019 | To committee | Letter from Chair to Jonathan Slater in relation to treasury minute response on Academy accounts and performance - dated 27 June 2019 |
| 25 Apr 2019 | To committee | Letter from Jonathan Slater to Chair in response to the Committee's seventy-third report - dated 29 March 2019 |
| 18 Jan 2019 | To committee | Letter from Permanent Secretary to PAC regarding Asbestos Management Assurance Process - dated 24.09.2018 |