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Further education seminars 2019

22 May 2019

Throughout June and July 2019 RSM’s further education specialists will be holding seminars to discuss the key challenges for the further education sector; providing examples and best practice advice on how you can ensure issues are managed effectively within your organisation. Join us on 20 June in Warrington or 16 July in London.

Further education risk register analysis 2019
Stephanie Mason

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?’.

Wrongful trading risk for further education governors, warns RSM

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.

The new further and higher education SORP – what’s changed?
Stephanie Mason

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.

Increased funding pressure for FE organisations - but how much more can they take?
Stephanie Mason

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.

Taking the financial temperature of the further education and skills sector
Stephanie Mason

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.

Is your college preparing your year end and final funding claims?
Stephanie Mason

20 July 2018

Are you preparing your year end and final funding claims? At RSM we carry out a variety of reviews of funding for our college and training provider clients. Download our briefing to explore some of the key changes to funding and areas to consider.

Further education risk management
Stephanie Mason

21 March 2018

The further education sector continues to evolve, with new risks emerging. The number of colleges in the sector has reduced following the area review process and further combinations are still being pursued.

HMRC VAT crackdown on FE sector continues
Stephanie Mason

05 March 2018

Stephanie Mason, head of further education at RSM, said: ‘It appears that HMRC is reviewing the contractual arrangements with subcontractors to ensure all FE providers are complying with VAT rules on management fees.

Further education and skills – reviewing areas for change

04 May 2017

It’s been a period of unprecedented change for the further education and skills sector. The sector must adapt and respond in order to overcome future challenges and to maximise opportunities. Here we discuss some of the biggest issues and provide practical solutions that will help education and training providers remain fit for today and tomorrow

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