Opinion: LGPS Accounting for Higher Education
Higher Education - LGPS accounting
Bulletin 4 – 16 Feb 2021
- Our fourth bulletin reflects on the assumptions observed at 31 July 2020, and the predictions for 31 July 2021 and beyond.
- A key observation is that different universities with similar underlying obligations could be reporting very different relative deficits – we estimate that credible FRS102 LGPS liabilities for a typical Post 92 university could vary by £60m or more.