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CFR Benchmarking Data Status Reports

The consistent financial reporting framework (CFR) is a standard framework into which schools should code their income and expenditure to enable production of simple, standardized reports for governors and local authorities.

CFR increases the level of accountability of school managers whilst prompting schools to become more self-managing. Access to benchmarked data allows school managers to make better-informed decisions when deciding annual budgets, thus improving overall efficiency year on year.

CFR facilitates networking between schools and encourages 'learning by looking' where schools look to each other for advice on best practice.

Consistent Financial Reporting (CFR) Framework Guidance

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