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<p>The Education and Skills Funding Agency (ESFA) has a robust intervention strategy
that fits within the overall academy accountability framework. Intervention is always
proportionate, risk-based and built on funding agreement and academies financial handbook
non-compliance.</p><p>Where the ESFA intervenes, we work with each trust to put in
place a recovery process that underpins education provision with strong financial
management and oversight. This can include the provision of funding, issuing a Financial
Notice to Improve or, in the most serious cases, termination of the Funding Agreement.</p><p>Where
the provision of funding is considered, this will be done on a case-by case basis,
as part of our intervention with the trust.</p>
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