Deloitte comment letter on Further and Higher Education SORP
We have published our comment letter on the Further and Higher Education SORP Board’s Exposure Draft (ED) on a revised Statement of Recommended Practice (SORP) setting out proposals for accounting for Further and Higher Education institutions in the UK (“the Further and Higher Education SORP”). We support the proposed revisions contained within the Further and Higher Education SORP but also highlight a number of ways in which it can be improved.
The full response to all questions raised in the invitation to comment are contained within the full comment letter which can be downloaded below.