Does each member of the governing body have to demonstrate the competencies in R20: Financial Management Competencies Matrix for School Governors?
No, the competencies matrix is designed to assess whether the competencies are present across the governing body as a whole, not as individuals. It could be that a small number of governors demonstrate all the competencies or that they are shared across several or all members. The important factor is to demonstrate that the governing body as a whole has the necessary financial competence to fulfil their responsibilities or to take action if gaps are discovered.
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