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BUFDG Publish Study on Integrated Reporting in Higher Education

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Aug 23, 2016

On August 23, 2016, the British Universities Finance Directors Group (BUFDG) published a Study on the use of integrated reporting (<IR>) principles by seven universities.

The Study first examined the <IR> framework developed by the International Integrated Report-ing Council (IIRC) before interpreting and abridging this framework in light of the specific circumstances and needs of the Higher Education section in the UK. The annual reports of seven higher education institutions were then assessed against this abridged framework.

The results of the Study revealed that whilst some of the institutions assessed have taken good first steps towards applying integrated reporting principles, most of the institutions assessed do not yet prepare Integrated Reports. However this can be remedied by higher education institutions taking some simple actions, including adopting a more strategic and forward-looking focus when preparing their annual reports.

For further detail and to access the full Study click here.

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