26 November 2019
This week's university strikes have once again put the spotlight on the financial pressures facing the UK's higher education sector. The latest report from the Office for Students (OfS) has revealed that 71 higher education institutions are now subject to enhanced monitoring requirements amid concerns around their financial viability and sustainability.
22 November 2019
Recent years have been challenging times for many institutions in the further education sector. With these challenges, has come a greater focus on governance and governing. It is critical for boards to have a full and accurate picture of what is going on in an organisation to be able to respond in a timely and appropriate manner.
30 October 2019
The higher education (HE) sector faces several uncertainties and inter-related risks which need to be managed. This is necessary, not only to protect the institution, but also to enable opportunities to be seized. RSM’s latest risk register analysis enables your institutions risk profile with that of others. This helps you to consider ‘how do our risks compare?’ and ‘are we missing any key risks?’
To maximise the opportunities universities need to remain compliant with UK visas and immigration standards (UKVI) to avoid any future reputational, financial and operational risks.
30 May 2019
Lisa Randall, RSM's head of education, comments on the publication of the independent Augar review of tertiary education.
29 April 2019
The further education sector has faced many challenges and risks in recent years and these look set to continue in 2019 and beyond. RSM’s latest risk register analysis, drawing comparisons with our work in 2018 and 2016, enables you to compare your college’s risk profile with that of others. This enables you to consider ‘how do our risks compare?’ and ‘are we missing any key risks?’.
31 January 2019
On 31 January the further education insolvency regime will come into force, meaning that for the first time it will be possible for colleges to fail and be placed into an insolvency process.
03 January 2019
Lisa Randall, RSM’s head of education, and Lindsey Cooper, a restructuring partner at RSM UK, comments on today’s front page story in The Times highlighting the rise in debt held by many of the UK’s universities.
27 November 2018
Following the triennial review of FRS 102 the new further and higher education SORP (SORP 2019) has been issued. All further and higher education institutions in the UK this new statement of recommended practice (SORP) must be adopted for periods beginning on or after 1 January 2019. To learn more about the updated practice click here to find out more.