13 December 2018
As 2018 comes to a close, schools continue to face known and less certain financial challenges including teachers' pensions increases and the potential loss of rates relief. Download your copy of the report now.
Laura has more than 10 years’ HR consultancy experience advising and guiding a wide range of SMEs on HR issues, which include performance management, grievances, disciplinaries, and re-organisation projects.
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.
12 November 2018
The higher education sector is in transition, and in many respects experiencing one of its greatest periods of change, originating from a multitude of factors. RSM has undertaken a further analysis of higher education institutions’ strategic risk registers enabling readers to compare your higher education institutions risk profile with others and consider potential future risks.
22 October 2018
Following the latest education funding statistics from the Institute of Fiscal Studies, it appears that further education and sixth-form funding has fallen by 8 per cent in real terms since the peak in 2010-11. In addition, funding for adult education has reduced by 45 per cent since 2009-10 – highlighting severe pressure across areas of the further education sector.
Anna heads up the charity team for the West Midlands and works across the West Midlands and North West regions. She has 16 years’ audit experience and has expertise in the not for profit sector, working with charity, education, social housing and pension clients.
24 September 2018
If you are an academy trust and prepare your budgets using excel spreadsheets, we have highlighted tips and techniques for you to consider which are intended to help you respond to the refined requirements of the ESFA’s Academies Financial Handbook 2018.
26 September 2018
From April 2019, most VAT registered businesses including charities, will have to change the way they submit their VAT returns to HMRC as part of the Government's Making Tax Digital (MTD) agenda. With the deadline looming, many charities still have some way to go to be ready for the changes.
24 September 2018
RSM’s latest academy back to school report includes articles on Academy Financial Handbook considerations, top tips for budgeting and ensuring the financial model is robust, beyond the balance sheet and the importance of being an operating lease. Click here to download your copy of the report.
13 August 2018
The Government’s response to the latest consultation on an insolvency regime for the sector was published in June. In considering whether it is likely to be used we have looked at the financial health of the sector as shown in the latest available accounts, which continues to raise concerns about the sector.