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Business Officer Magazine
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April 2007

SAS 112: New Requirements for Control Deficiencies
Student-Led Sustainability
Given the green light, students eagerly work with staff and faculty to manage the business of eco-initiatives.
Up to Speed on UPMIFA
Adoption of the Uniform Prudent Management of Institutional Funds Act would bring changes to institutional financial reporting. Also involved would be new prudence standards for charitable funds management and investment and for endowment spending.
Begin Anew in New Orleans
Keeping Programs and Resources in Sync
Drake University was long on programs and short on budgets—a mismatch corrected by a comprehensive review.
The Alpha Edge
When traditional investment methods prove unsatisfactory, a portable alpha strategy offers endowments one way to outperform a benchmark index.