FE & HE Digest – Summer 2022
Welcome to the Summer edition of Further Education & Higher Education Digest. As external audit planning meetings will be in full swing for the FE Sector, we have taken this opportunity to provide a low-down on the changes to this year’s Accounts Direction and Audit Code of Practice, whilst there have not been any significant changes the devil is in the detail so good have a read – especially Governance professionals!
This edition also has a celebrity guest! Adam Poulson from the pensions specialist firm Barnet Waddingham has included his thoughts on the triennial review of the Local Government Pension Scheme (LGPS) and even given some top tips on how to prepare your institution.
In preparation for the summer holidays we go international – we take a look at how the International Accounting Standard for Not for Profit Organisations is being formed and how this will trickle down into our own UK reporting over time.
As many institutions are facing huge financial pressures on expenditure we take a look at procurement best practice and finally we look at the rise of Environment, Social and Governance reporting is increasing and what you can do to get ahead of the curve and meet stakeholder expectations.
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