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130 Wood Street, London, EC2V 6DL
enquiries@buzzacott.co.uk    T +44 (0)20 7556 1200

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Further and higher education

We know that inspiring future generations into and successfully through further and higher education takes more than great teachers. We've structured our services to support your organisation, so you have the knowledge needed to make informed decisions about future strategy.
Audit, accounting and advisory services

Audit, assurance and other specialist services for colleges and universities

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

Specialist services

Specialist services for not-for-profits

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.

Supporting you

Supporting you through times of change

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.

Governance handbook for colleges – effective 1 August 2024

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.

https://www.youtube.com/watch?v=26SCa1avkwo
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Speak to an expert

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.

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