FASB Proposal Would Update Discount Rate Approach
FASB’s June 2021 proposed Accounting Standards Update on leases would allow all not-for-profit colleges and universities to use a risk-free discount rate, by class of underlying leased asset, as a practical expedient. NACUBO will submit comments in support of the proposal.
NACUBO On Your Side: July 7-12, 2021
In this edition: The Department of Homeland Security reverses course on controversial duration of status rules after receiving more than 32,000 public comments, NACUBO shares a new resource on the impact of the coronavirus on higher education, and more.
NACUBO On Your Side: July 13-19, 2021
In this edition: A federal judge rules against DACA, NACUBO endorses legislation on tax-free Pell Grants, and more.