20 June 2017 
Matt Sisson, Projects and Membership Manager
Last year, BUFDG reviewed the annual reports of seven universities to understand how well they adopted some of the principles of IR, and the review helped inform universities’ most recent publications. We’ve continued the work this year, and have partnered with the International Integrated Reporting Council (IIRC) to review the 15/16 annual reports and financial statements of four willing volunteer HEIs. The aim is to highlight where they’ve made progress and to encourage others to adopt the IR framework.
The project is progressing well, with the financial statements currently under review. The report will then be written up and the published before the end of July so that it can be useful to HEIs doing their 2016/17 annual reports. If you have any questions about the project, or IR in general, you can find more on the IIRC website, or drop Matt an email and he’ll forward on your query if he can’t answer it himself.
In sort-of-related news, the Scottish Funding Council has published its Accounts Direction guidance for Scottish Universities for 16/17 accounts. There will be few surprises for Scottish FDs, although it is worth noting the proposed submission date for 17/18 being brought forward to the start of December, subject to consultation.
