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.
News
GASB Releases Statement 101 on Compensated Absences
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.
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June 22, 2022
GASB Releases Statement 100 on Accounting Changes and Error Corrections
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).
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May 20, 2022
Department of Education Encourages Using HEERF for Mental Health Needs
During 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.
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Upcoming Programs
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March 28, 2022
Optimizing the Business Officer’s Role in the Accreditation Process
June 28, 2022 | 2–2:30 pm ET | Online
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July 15, 2022
2022 New Business Officers (NBO) Program
July 15–16 | Gaylord Rockies Resort & Convention Center | Denver
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Research
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May 26, 2022
NACUBO Benchmarking Tool Frequently Asked Questions
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May 26, 2022
NACUBO Tuition Discounting Study (TDS) Benchmarking Tool
The 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.
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Press Releases
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May 19, 2022
Tuition Discount Rates at Private Colleges and Universities Hit All-Time Highs
New NACUBO analysis shows institutions with high admissions selectivity offer smaller discounts
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March 09, 2022
Philanthropies Award NACUBO $3.8 Million in Grants to Advance Student Completion Efforts
The work will identify financial models that increase equitable outcomes for typically underserved students
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