it). Members can be individuals or named bodies such as a diocese, or a local teaching school. Although they are ultimately responsible for all the schools in the MAT, they have very limited functions, although in the event of a crisis they would probably be called upon. Members vest the strategic functions of the MAT in the hands of Directors. Level 2: The strategic governance of the MAT is left to the Board of Directors (who are also known as Trustees); Academy Board’s usually have a representative mix of people with a composition similar to that of a regular school’s Governing body. In the Talentum MAT each school will choose one representative from its local governing body. Level 3: Usually in MATs, each school has its own local governing body that will just be interested in issues pertaining to that particular school. Those LGBS’s will have a similar form of representation as is the case now ie parent, staff, headteacher and church etc What if something should go wrong in the future? Who will step in to sort it out? Contrary to what some people allege, academies are still very accountable. Although they have more autonomy, they arguably have higher levels of accountability. So, The Executive Headteacher is accountable to the Board of Directors/Trustees The Directors/Trustees must report annually to the Members and must publish annual accounts as well as a report on their stewardship of the MAT over the previous year Individual academies are subject to Ofsted inspections and the regulations governing inspections; the MAT itself can also come under the scrutiny of Ofsted. If standards in any of the academies within a MAT are falling, the MAT can be challenged and scrutinised by the DfE through the system of Regional School Commissioners The Academies Financial Handbook governs the financial conduct of academies and the MAT. Budgets and accounts have to be submitted to the Education Funding Agency. The accounts and books have to be audited externally by auditors. Annual accounts and all details of Directors have to be submitted to Companies House.
it). Members can be individuals or named bodies such as a diocese, or a local teaching school. Although they are ultimately responsible for all the schools in the MAT, they have very limited functions, although in the event of a crisis they would probably be called upon. Members vest the strategic functions of the MAT in the hands of Directors. Level 2: The strategic governance of the MAT is left to the Board of Directors (who are also known as Trustees); Academy Board’s usually have a representative mix of people with a composition similar to that of a regular school’s Governing body. In the Talentum MAT each school will choose one representative from its local governing body. Level 3: Usually in MATs, each school has its own local governing body that will just be interested in issues pertaining to that particular school. Those LGBS’s will have a similar form of representation as is the case now ie parent, staff, headteacher and church etc What if something should go wrong in the future? Who will step in to sort it out? Contrary to what some people allege, academies are still very accountable. Although they have more autonomy, they arguably have higher levels of accountability. So, The Executive Headteacher is accountable to the Board of Directors/Trustees The Directors/Trustees must report annually to the Members and must publish annual accounts as well as a report on their stewardship of the MAT over the previous year Individual academies are subject to Ofsted inspections and the regulations governing inspections; the MAT itself can also come under the scrutiny of Ofsted. If standards in any of the academies within a MAT are falling, the MAT can be challenged and scrutinised by the DfE through the system of Regional School Commissioners The Academies Financial Handbook governs the financial conduct of academies and the MAT. Budgets and accounts have to be submitted to the Education Funding Agency. The accounts and books have to be audited externally by auditors. Annual accounts and all details of Directors have to be submitted to Companies House.