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What does BUFDG stand for?

We're now simply 'BUFDG'.

Find out more about our name here

 

FEHE SORP 2026 published

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.

Visit the FEHE SORP Knowledge Hub

Tax and the new FEHE SORP

To accompany the new FEHE SORP we've published a guide that provides a simplified overview of the accounting changes to help you assess the potential impacts on your organisation if you are responsible for VAT and Corporation Tax .

 

News

BUFDG Digest 19 November

19/11/2025

Matt Sisson

In this Digest we look at concerns around the International Student Levy, spculation around a cap on salary sacrifice schemes, TRAC, LLE, the 2026 USS valuation, alternatives to the TPS pension burden, and much more.

BUFDG Paper - Introduction of the International Student Levy...

06/11/2025

Andrea Marshall

This paper sets out the concerns around the practical operation of the proposed international student levy (“the levy”) – considering the issues that need to be considered should the levy go ahead.

BUFDG Digest 5 November

05/11/2025

Joni Rhodes

All things H E finance from the past two weeks including reactions to the white paper, oral evidence to the Education Select Committee on HE insolvency and international students, upcoming Management Accountants’ Summit and TRAC training, publication of the FEHE SORP 2026 and more...

All news

BUFDG E-learning

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.

Upcoming Events

Demystifying Finance and Budgeting in the HE sector (for Non...

01/12/2025

Online via Zoom - 9.30am - 1pm - Part 1: 1 December and Part 2: 8 December

The aim of this course is to increase your confidence in dealing with finance, budgets and even finance staff.  Demystifying some of the jargon used and ensuring that you have a solid understanding of finance, accounting and budgeting.

Payroll & Employment tax Group (PEG) - London/SE

01/12/2025

PwC, 1 Embankment Place, London, WC2N 6RH - 11:00 - 14:00 (10.30am for registration & refreshments)

Join our regular, annual in-person employment taxes update for your region.

KPMG Global Mobility Workshop - Key Budget Announcements

02/12/2025

Online via MS Teams - 09:00-10:30

KPMG will focus on key budget announcements and associated implications.

 

Cost Saving Measures

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.

Download the document

2025 Financial Statements webinar resources

The 2025 Financial Statements webinars were held in May 2025. The slides and recording are now available for members to access.

Access the recording and slides

Termination Payments Guidance

This guidance sets out the tax implications of payments and benefits provided to employees on the termination of their employment.

Read the Guide here

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