of the 1999/2000 results of the transparency review is
well under way for submission to the HEFCE by 31 July.
1998, all UK HE institutions must provide detailed figures
to government showing how they spend their funding based
on the same costing method, known as the transparency
accountability, in which the HE sector is considered a
world leader, provides a competitive advantage over other
countries. The transparency review, once successfully
completed, is expected to allow for higher pricing and
funding of university activities, only possible when supported
by a robust and coherent costing process.
University has designed a method for gathering this information
which is the least onerous for staff," said Fiona
Dale of group financial planning. Each year, academic
staff in a quarter of resource centres conduct a diary
exercise over several weeks, filling in a standard spreadsheet
to show their daily activities. Seven resource centres
have begun this exercise for the current year.
progress shown by the HE sector in this area has been
welcomed by government, but more remains to be done to