With Covid-19 striking the university sector hard (and suddenly) last year, the Commonwealth Government postponed the need for the university sector to provide their 2019 ‘Transparency in Higher Education Expenditure’ submission. However, despite the ongoing impact to the sector in 2021, the decision was made to not only ask for the 2019 data, but also […]
READ MOREA really interesting article was published in the Australian Financial Review today by Robert Bolton … “Universities set to turn away hundreds of thousands of students”. Robert outlines how admission centres across many states are reporting massive increases in applications to start university next year – NSW alone has had a jump of 88% compared […]
READ MOREI can’t believe it has been nearly 10 years since this I wrote this article and that very little has changed with respect to my top 3 costing ‘must haves’! The article has been refreshed where needed and due to changes in technology, I’ve added a 4th point….so welcome to my ‘Top 4 Costing Requirements’. […]
READ MOREA common theme across the Higher Education news articles over the past couple of weeks has been about the urgent need for universities to save costs. A quick peek at any institution’s financial statements will reveal that, not surprisingly, salaries are the biggest single line item. While Pilbara Group will be releasing a newsletter next […]
READ MOREOne of the major benefits of having a systemized approach to costing is that you can save an extraordinary amount of time developing reports for a wide range of stakeholders. As an example, our model wasn’t specifically designed to address the Government’s Cost of Teaching requirement but we have been able to create the required […]
READ MOREOver the past few weeks I have posted a couple of blogs on my top three ‘must haves’ when looking at procuring activity based costing software. My top three were: the ability to report on not only the beginning and end of your model (the inputs and outputs), but all stages in-between; the ability to […]
READ MOREA couple of weeks ago I posted a blog on my top three ‘must haves’ when looking at procuring activity based costing software. My top three were: the ability to report on not only the beginning and end of your model (the inputs and outputs), but all stages in-between; the ability to track multiple cost […]
READ MOREI did some work for a client this month that I think was a little unusual in today’s world of technology, internet and the need to do things ‘now, now, now’. Like the majority of our clients, this one was looking at developing an activity based costing (ABC) model. But unlike most of our clients, […]
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