9 SFVS 1-3: Governing body skills 1. In the view of the governing body itself and of senior staff, does the governing body have adequate financial ski
{"Image DocumentName": "SFVS 1-3: Governing body skills", "Image ImageDescription": "1. In the view of the governing body itself and of senior staff, does the governing body have adequate financial skills among its members to fulfill its role of challenge and support in the field of budget management and value for money? 2. Does the governing body have a finance committee (or equivalent) with clear terms of reference and a knowledgeable and experienced chair? 3. Is there a clear definition of the relative responsibilities of the governing body and the school staff in the financial field? Key messages. It is important to emphasise throughout the day that completing the SFVS is a key responsibility of the governing body. This slide presents standards 1-3. Guidance notes. This is a potentially sensitive area as it requires governors to conduct a rigorous self-assessment of their capabilities in this area. Some governors may find the responsibilities they are tasked with as challenging. Use this session to allow governors to voice any concerns and point out that later in this session time will be devoted to discussing how governors might enhance their personal skill levels. Point out that the SLT and governors may not be able to answer these three questions reliably until they have a full understanding of the areas covered by SFVS. Suggest to them that a key first task on their return to school may be to focus on standards 1-3 and to ensuring that their school can answer \u2018yes\u2019 to each of the questions. Invite the group to make comments about the 3 questions and the challenges they might bring.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}