This section of the website relates to the Statement of Recommended Practice for Further and Higher Education (SORP), based on the FRS102 standard. The most recent SORP is effective for financial periods beginning on or after 1st January 2019.

Download the 2019 SORP from the Universities UK website


Key documents

Model Financial Statements - Jul 21

2a - Donations and Endowments Implementing the SORP

2b - Service Concession Arrangements

2c - Revenue, Gov't Grants and non-exchange transactions


SORP Slides

As part of the development of each SORP,  BUFDG hosts workshops to help institutions understand the changes. The slides from these workshops can be downloaded here


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