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New response
CIPFA has responded to the DfE/YPLA consultation on the 16-19 Funding Formula Review. Please click here to read the response in full. |
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 Effective Governance and Financial Management in Academies
This provides an understanding of the context for governance of academies and guidance on a wide range of financial management, funding and accounting issues. It seeks to help academies satisfy the monitoring needs of the funding and regulatory agency, without imposing unnecessary administrative burdens on governing bodies or senior staff. The overall aim is to ensure that there is, and is seen to be, effective use of public funds and that the mechanisms are in place to ensure accountability for their use. For further details and to order your copies please visit the CIPFA Shop.
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Summer Newsletter 2011
The Panel has published its summer newsletter for 2011. Please click here to download the newsletter in full.
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 Higher Education Finance (Fully Revised Third Edition 2011)
This fully revised edition outlines the essential features of the financial structures, governance arrangements and current funding systems which underpin the higher education sector and details the regulatory framework within which institutions must operate.
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Policy Briefing - Independent Review into Higher Education Funding and Student Finance (Browne Review)
Lord Browne’s report sets out an innovative review of higher education funding and student finance. The key points from the report are summarised here.
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New response
CIPFA has responded to the BIS consultation on A Simplified Further Education and Skills Funding System and Methodology. Please click here to read the response in full.
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Response
CIPFA has responded to a consultation on changes to the funding agreement between HEFCE and institutions. Please click here to read the response in full. |
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 Resource Allocation Models in Further and Higher Education: A Compendium (Fully Revised Second Edition 2010)
Resource allocation is one of the tools that directors of finance can use to influence change and to help position their institution to best effect as the United Kingdom emerges from recession. In future years, institutions will be dealing with the aftermath of the economic downturn as it impacts on public funding. At the same time, student numbers and expectations continue to rise, along with competition for the best staff and resources in a global market.
CIPFA’s Academies, Colleges and Universities Panel has responded to these challenges by compiling this revised compendium which describes a selection of existing resource allocation models from across the further and higher education sectors. The study explores key themes and provides guidance and advice to be considered alongside the examples shown. This latest edition illustrates that institutions have continued to adopt a wide variety of approaches to resource allocation.
For further details and to order your copy, visit the CIPFA Shop |
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Response
The Academies, Colleges and Universities Panel, jointly with the Children’s Services Panel, has responded to the draft National Commissioning Framework (NCF) developed by the Department for Children, Schools and Families and the Learning and Skills Council. To view the response, please click here. |
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New Charity Commission Research on Charities and Beneficiaries
The Charity Commission has just published A Balancing Act: New perspectives on the Charity/Beneficiary Relationship, which examines the charity/beneficiary relationship from the perspectives of charities, the public and the public as charity beneficiaries. It includes the Charity Commission’s thoughts on the implications of the research for the sector, wider society and for the Commission itself.
Please follow the link below to view the report: www.charity-commission.gov.uk/Library/publications/pdfs/rs18text.pdf
A technical report accompanies A Balancing Act. The technical report, produced by Ipsos MORI, contains the detailed survey method and data tables for the three surveys conducted by Ipsos MORI on behalf of the Charity Commission.
Please follow the link below to view the technical report: www.charity-commission.gov.uk/Library/publications/pdfs/rs18moribal.pdf
If you feel this research raises points on which it would be helpful for CIPFA’s Academies, Colleges and Universities Panel to feed back to the Charity Commission, please contact kerry.ace@cipfa.org.uk with any suggestions.
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A Good Practice Self-Evaluation Tool for Financial Governance
Good Practice Self-Evaluation Tool for Financial Governance builds on the Panel’s publication Guide for Finance Committee Members in Further and Higher Education (CIPFA, 2008) by providing a practical way for those responsible for financial governance (finance governors) to review periodically their effectiveness and identify areas for future development. It provides a simple way for the executive officer with lead responsibility for financial matters to test the design and organisation of the interface between financial management and financial governance. It is also a mechanism for clerks to finance committees to satisfy themselves that the arrangements for the annual cycle of committee business enables and supports the achievement of good practice in financial governance.
The self evaluation tool is a questionnaire that looks at key themes that underpin the effectiveness of those responsible for financial governance. It has been developed by CIPFA’s Academies, Colleges and Universities Panel and has been ‘road tested’ by the finance and resources committee at Oxford Brookes University.
The checklist together with an explanatory note outlining how it should be used are available for free download.
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