New external  financial reporting requirements are being introduced effective from 2015-2016, replacing accounting standards that have been in place for over 20 years. The reports and processes have been built around these external reporting requirements and some changes are being anticipated. While it is not yet clear exactly what changes are needed, there may be data collection and reporting changes which may require IS support. This project is intended to provide support for the changes needed to introduce the new HE SORP.