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.
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.
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.
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.