03 August 2020
The Committee of University Chairs (CUC) published its Higher Education (HE) Audit Committees Code of Practice (the Code) in May 2020. The updates to the Code are certainly welcomed in particular during these unprecedented times with significant change, uncertainty within the sector and changing risk profiles.
13 May 2020
Coronavirus lockdown and lack of onsite internal scrunity is putting academies in a tough position in their attempts to gather assurance and information for their summary reports as outlined in the financial handbook.
04 May 2020
Today the Government announced a range of measures to protect the higher education sector which will be seen as a positive step for most university providers.
23 March 2020
We have looked to summarise the practical steps those in the education sector should be looking to take to mitigate the issues caused by coronavirus.
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.
11 November 2019
Louise Tweedie comments on the Office for Students value for money strategy 2019 to 2021 which was issued on 18 October 2019. Value for money will be measured through a number of high level proxies which (in the same way as the Teaching and Student Outcomes Framework may be a proxy for teaching excellence) may or may not be in the control of the higher education provider, and have a greater or lesser correlation to traditional concepts of value for money based on economy, efficiency and effectiveness. Click here to read Louise’s thoughts and consider potential impacts to the higher education sector.
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?’
15 August 2019
Do today’s A-level results highlight a future income shortfall for the HE sector?
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.