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Special administration regime for the insolvency of higher education institutions
Lisa Randall

08 October 2020

There is a call to action to the government to give further consideration to a special administration regime for the insolvency of higher education institutions along the same lines as already exists for further education and social housing.

Matthew Humphrey

Partner

Matthew is a partner at RSM.

Post 16 Audit Code of Practice 2019 20
Stephanie Mason

07 August 2020

The ‘Post-16 Audit Code of Practice 2019-20’ (ACOP) has been published in July 2020 and applies from 1 August 2019. It sets out the ‘assurance and accountability requirements for post-16 providers, including sixth-form and further education colleges’.

7 reasons why the CUC HE Audit Committees Code of Practice is good for the sector
Lisa Randall

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.

Academies Financial Handbook: delivering internal scrutiny during and after coronavirus
Stephanie Mason

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.

RSM responds to Government measures to protect higher education sector
Lisa Randall

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.

Practical steps and Government reliefs for the education sector
Stephanie Mason

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.

71 higher education institutions subject to enhanced financial monitoring
Lindsey Cooper

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.

Further education and sixth form college board assurance
Stephanie Mason

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.

Higher education risk register analysis 2019
Lisa Randall

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?’

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