3 Virtual Brochure – March 2025 1. AforEuUrKopHeigahneVriEewduocnattihoenRisk Environment: An Analysis Executive summary As the UK’s leading provider of internal audit and assurance services for higher education (HE), we support institutions in managing risks effectively to facilitate strategic ambitions and comply with legal and regulatory requirements. A key contribution to this is our annual insight briefing about how European businesses are thinking about strategic risks and how this compares with the UK HE sector. This provides HE institutions with an external perspective on core risks and mitigation strategies to inform their own risk management assessment and practice. It is also a companion piece to Uniac’s annual HE risk register briefing. We hope that this will be of interest to HE leaders and non-executives, as well as HE risk professionals, and will provide a useful input to debate about strategic risks, risk management and shaping future assurance activity. Our analysis uses the European Confederation of Institutes of Internal Auditing (ECIIA) 2025 Risk In Focus report as its basis. The ECIIA report draws on a wide-ranging survey of just under 1,000 Chief Audit Executives (CAEs) from multiple business sectors across 20 European countries, as well as roundtable discussions.
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