§ Ms Hewitt
The Transparency Review was initiated in 1999 following the Comprehensive Spending Review. Its goal was to improve the accountability within the higher education sector for its use of public funds. The approach taken was to ensure that UK universities adopted a robust costing system to enable them to calculate the full economic costs of their main activities of teaching and research. An activity based costing methodology for this purpose was subsequently developed, and had been adopted by all UK HEIs by the end of 2001.
No separate report on the outcome of the review has been compiled. However, the data is being used by HEIs to inform their management processes.