This accreditation system is designed to allow the NHS Finance Leadership Council (FLC) to give due recognition to those NHS organisations that have the very best finance skills development culture and practices in place. It is based on a simple self-assessment process. It is based on North West FSD’s successful and long-standing Towards Excellence accreditation process.
There are three levels within the process. They reflect the continuous development of the organisation's finance function, with level three recognising the highest standards of financial competence and commitment to the skills development of the finance team. Level 1 will be achieved through a process of self-assessment with verification from the organisation’s Finance Director / Chief Finance Officer. Levels 2 & 3 will require peer-assessment by a colleague from another accredited organisation. FFF will issue separate guidance on how this process will work and how completed assessments should be submitted for approval. Each accreditation will last for a period of three years and will then require renewal.
The organisation is fully signed up to Future-Focused Finance’s aim of Making People Count by connecting and developing all NHS Professionals. This is demonstrated by adherence to each of the criteria set out below.
Hear what organisations who have gone through the process, have said about undertaking and achieving FFF Accreditation.
Simon Holden, Interim Chief Finance Officer, Countess of Chester Hospital NHS Foundation Trust
“Going through the Future-Focused Finance Accreditation process required the whole finance function to effectively re-look at ourselves, and reflect upon the type of service we were offering. In addition, when gathering evidence, we were able to reflect on what we did well, and what we could share; and conversely where we could improve and where we could learn from others. The process of accreditation brought members of the department closer together, as a team, and provided an opportunity to reflect. This has led to a number of internal changes, including improvements in our training strategy, whereby we have tried to align our provision much more closely to the needs of the organisation. I would wholeheartedly endorse the process to others who are considering applying for FFF Accreditation.”
Paul Simpson, Chief Finance Officer, Surrey and Sussex Healthcare NHS Trust
"At SaSH the Finance Team (as a unit and led by the Deputy FD) is passionate about ensuring it is actively and strongly supporting our Trust’s services. The FFF Level 1 accreditation provides a visible measure that clinical and operational colleagues, and patients, can understand and really appreciate. That recognition helps the people in the Finance Team feel more confident in themselves, and because it’s about what the people in the Team do, we think it will help our internal talent planning as well as entice others to come and join us. Of course, it also gives us another goal… which is all about striving for the next level!" Full blog post here
Lincolnshire Community Health Services NHS Trust (LCHS)
"Proud of the team and its achievement/recognition. It allows you to put your head above the parapet and say to others inside/outside organisation that we are here, doing some good work and to come have a look at us/what we are doing therefore promoting the scheme. We have achieved a lot but there is still plenty to do and we are already starting to look at the Levels 2 and 3 but with external verification its bound to be a slightly different ballgame." Full blog post here