Update on reporting value in Higher Education

26 September 2023      Matt Sisson, Projects and Membership Manager

Back in 2016, BUFDG undertook two projects looking at how universities communicate the breadth of their value in their Annual Reports, using an abridged version of the Integrated Reporting <IR> framework. In 2017 the baton was passed to Advance HE who undertook a project to bring together entire leadership teams (not just finance) at 10 HEIs, to embed integrated thinking and IR across the whole institution. Advance HE have recently initiated further work on the challenges and requirements for reporting impact and value, and why this is crucial for universities, particularly in the midst of the environmental crisis. An update on this work is available on the website, as well as a report, aimed at leadership teams in the sector, written by Phil McNaull, Strategic Finance Consultant, Executive Coach and former Finance Director at the University of Edinburgh.

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