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News – 18.11.24
International Men's Day - breaking the silence around men's mental health
International Men's Day - breaking the silence around men's mental health … Read more
Insight – 20.11.24
A change in US Presidency: How might it affect your finances?
In this article, we explore the potential economic and financial impacts of Donald Trump's return to power. … Read more
Upcoming event – 10.12.24
Funding innovation in the technology sector: Are the government doing enough?
Join us for an exclusive roundtable breakfast to explore the question of whether the government are doing enough to support innovation in the technology sector. … Read more
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130 Wood Street, London, EC2V 6DL
enquiries@buzzacott.co.uk T +44 (0)20 7556 1200
You + Us = More. More support. More advice. More understanding.
Changing audit requirements mean that staying on top of the latest legislation can be tricky. Our teams have worked with Further, Higher and Specialist Designated Institutions for over 30 years now, meaning we’re very familiar with best practice processes and procedures and will help ensure you remain compliant.
Additionally, our team members actively contribute to Education and Skills Funding Agency (ESFA) accounting and audit forums, so we can confidently relay outcomes and updates as soon as they are available.
Speak to us about support for your Audit Committees, governance training, risk management and/or developing a board assurance framework to get the results you need
Whether you’re grappling with rising staff costs and need a chat with our Employee Benefits and Pensions Team, have concerns over digital, cyber or data security and would benefit from an independent perspective, or need advice on effective VAT and tax structures for capital projects, we have the expertise to assist you and we’re all under one roof in a single office in Central London.
Use the buttons below to learn more about our specialist services for not-for-profits and find out more about how we can help you.
Continuing funding pressures, recruitment concerns, COVID-19 and the impact of lockdowns, and now the current cost of living crisis mean challenges continue to be present for the further and higher education sectors.
Furthermore, consideration must be taken of the impact of the Skills for Jobs white paper, within which the Government outlines its plans to ensure that further and higher education is coordinated in a way that allows young people to develop the technical and practical skills they need to secure good jobs and enhance national productivity. Impacting both colleges and universities, we’re sitting on the cusp of a shift that will impact pupil engagement and numbers, generating subsequent changes to budgets, funding, strategy and more.
Now more than ever, institutional leaders need strategic partners who can empower and assure them. We’ve been a helping hand to the sector since its inception and remain an understanding and unrivalled source of support to our clients, helping them navigate these changes to yield the best outcomes for all. To accurately budget, forecast and ensure long-term financial stability, it’s important that trusts can analyse their financial results and understand how their performance compares to their peers.
To help Further Education colleges prepare for the new Governance Handbook (coming into effect on 1 August 2024), we recently ran a webinar in partnership with the ESFA to delve into key considerations surrounding governance practices. The event also featured a reflective discussion on some of the key financial governance aspects encountered in the past year that governors and audit committee members could further consider for their college.
Click here to download a copy of the slides, and you can watch the webinar recording below.
If you’d like to speak to one of our experts about how we can support your college or university, simply complete the form below and we’ll be in touch.
7 June 2023
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