Accounting
Keep up to date on the latest accounting issues and find valuable resources, including, news and articles, advisories, tutorials, and financial statements from peer institutions.
Keep up to date on the latest accounting issues and find valuable resources, including, news and articles, advisories, tutorials, and financial statements from peer institutions.
June 22, 2022
In an effort to bring all types of compensated absences under a unified model, the Governmental Accounting Standards Board recently issued Statement No. 101, Compensated Absences. The new guidance will lead to recognition of a liability in more circumstances, most notably for nonvested sick leave.
The new standard defines four categories of accounting changes and error corrections and related accounting and financial reporting requirements and is effective in FY24 (with earlier application encouraged).
Read MoreDuring Mental Health Awareness Month, the Department of Education released an FAQ that strongly encourages institutions to use HEERF funds to meet mental health and substance abuse disorder needs of students. Additional information can be found at NACUBO’s HEERF Resource Center.
Read MoreJune 28, 2022 | 2–2:30 pm ET | Online
Learn MoreJuly 15–16 | Gaylord Rockies Resort & Convention Center | Denver
Learn MoreThe NACUBO TDS Benchmarking Tool allows member institutions to compare their endowment, tuition discounting, and student financial services survey results against self-selected peer group averages.
Read MoreNew NACUBO analysis shows institutions with high admissions selectivity offer smaller discounts
Read MoreThe work will identify financial models that increase equitable outcomes for typically underserved students
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