COMMONS

Education Funding Agency and Department for Education Accounts

Inquiry status: government response published

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.

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    • Reports and associated evidence – Reports of Committee inquires. This category may also include Special Reports where they are used by a Committee to bring matters relating to conduct of its business to the notice of the House.
    • Responses to Reports - Responses may be published as a Special Report, or as a Command Paper. They may also be appended to a Report should the Committee have substantial comments on the Response, in which case they can be found listed under Reports. 
    • Other oral and written evidence - Evidence taken by the Committee that has yet to or did not result in the publication of a Report. This includes transcripts of recent meetings.
    • Estimate Memoranda - An Estimate memorandum is an explanatory note that accompanies a government department’s estimate (a means by which a department seeks authority from Parliament for its spending plans).
    • Correspondence - Correspondence sent from or received by the Committee or its Chair.