12 December 2016 Dominic Fryer, Managing Director
On 1st December university leaders, governors, unions, journalists, regulators, and other key stakeholders converged on BAFTA in central London for a joint BUFDG/HEFCE event explaining the new accounting rules. New World, New Numbers was a non-technical look at how the FE and HE Statement of Recommended Practice (SORP) impacts on the way university finances are measured and recorded. The exact effect will be different for each HEI but, combined with changes to pension schemes, the challenges of Brexit, and new policies and regulation, the figures universities use to reflect their financial resources and sustainability could suddenly look very different.
We recorded the event and the videos include a 20-minute highlights reel, as well as 9 short clips covering specific questions from the panel session. You can also download the presentations and a briefing document from the BUFDG website.