The new FEHE SORP was published on 3 November 2026, and is available to download now from the Universities UK website along with additional guidance. Those implementing the FEHE SORP (effective from 1 January 2026) can visit BUFDG's SORP Knowledge Hub for information, support, and resources. These include a webinar hosted by KPMG's Accounting Advisory Services team in May 2025 outlining the most crucial updates, the implications of the changes, and practical guidance on how to address them. Our practical 'Ready, Set, SORP' guide is a useful read for those planning implementation, including a handy checklist. Many of these resources are available without a BUFDG login, so any auditors or FE accountants can view them. BUFDG members can also sign up for the next SORP Implementation Forum to discuss the changes and implications involved in the adoption of the 2026 SORP with others.
We've gathered information from our members about which financial and other systems they use, and captured the finance system for 123 universities/higher education providers, plus the systems/software used for payroll, expenses, CT returns, VAT returns, and global mobility for many of them.
Did you know? BUFDG has an extensive suite of over 50 CPD-certified e-learning modules, covering a huge range of HE finance topics. These are free to access with your BUFDG website account.
This session with KPMG and Mills & Reeve looks at their joint ‘Radical Collaboration’ report. The report takes the theoretical and translates to the practical by detailing the many structural possibilities open to higher education providers - using case-studies and examples to illustrate models and their outcomes. In this session KPMG and M&R colleagues will walk us through the main features of the report; including highlighting ‘how to get started’ in order to overcome some of the initial hurdles executives face in effecting change across their institutions. We will explore the reception to the report as well as next steps. We welcome questions and discussion from the audience.
The next in-person Global Mobility roundtables for London and the South East will take place on Monday, 10 November at Vialto offices in London: 3 More London Riverside, 4th Floor, London, SE1 2AQ
Counter-Fraud Forum
Potential cost-saving measures Finance Directors and CFOs can consider when exploring new ways to manage costs effectively without compromising the quality of education and services in the face of ongoing financial pressures.
The 2025 Financial Statements webinars were held in May 2025. The slides and recording are now available for members to access.
This guidance sets out the tax implications of payments and benefits provided to employees on the termination of their employment.
