ED Issues New Regulatory Waivers, Extends Others
In a notice recently posted in the Federal Register, the Department of Education announced several new regulatory waivers to assist institutions, students, and borrowers through the COVID-19 pandemic. ED also extended several waivers it had granted earlier in 2020.
GASB Releases Implementation Guide for Comment
The exposure draft contains new questions and amendments to previously issued implementation guidance. Public institutions should note two questions on defined contribution plans and fiduciary activities and are encouraged to comment.
Compliance Supplement Addendum Released
The long-awaited addendum to the 2020 Compliance Supplement grants a three-month extension for single audits with year-ends through September 30, 2020.