To support preparations for the FEHE SORP (effective from 1 January 2026 and expected to be published in August 2025), a webinar was 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. The recording of the recent webinar is available to the public, so any auditors or FE accountants can view it. BUFDG members can also sign up for the SORP Implementation Forum on 8 July 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.
An online forum for BUFDG members to share ideas, questions, and practical steps for implementing the new FEHE SORP.
The next Midlands Deputy Finance Directors Meeting takes place in-person on Wednesday 9 July at the University of Leicester.
The London & South-East Tax Group meeting will take place on Wednesday 9 July from 10am until 12pm.
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.
