The EFA have removed the requirement to complete the Financial Management and Governance Evaluation (FMGE) and replaced it with FMGS, which is much simpler and shorter. Academies opening after 1 March 2012, and not completing accounts for the period ended 31 August 2012, will need to complete FMGS. The deadline for submitting a completed FMGS is usually four months from opening.
The Financial Management and Governance Self-assessment (FMGS)
