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Business Officer Magazine
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February 2011

Capitol Report
Coverage of legislation and regulatory activity that affects higher education

Put Data in the Driver's Seat
With minimal resources, Saint Michael’s College completely redesigned its financial system. Now, more accurate and timely statements point leaders to priority action areas.

Heading Their Separate Ways
The formation of the GASB in 1984 heralded a move toward accounting and reporting guidelines that differed significantly from those of the FASB. As the two boards' agendas continue diverging, higher education must step up. Events in 2010 highlight why.

Going the Distance
A higher level of education and training among the U.S. population is key to the country's future prosperity. Online learning may be the only way to make the quantum leap from here to there.

Financial Literacy 2.0
Sam Houston State University helps students develop money management skills by employing a combination of the latest technology and peer counseling.

Celebrating Innovation
Inspiration from the 2010 Innovation Awards

Letter From the President
These are trying times. America's degree-attainment rate is stagnant, while rates in many other countries surge ahead. John Walda, NACUBO president and CEO, describes efforts by higher education associations to turn around the trend and points to collaboration as a major tactic to achieve President Obama's 2020 attainment goal.

Business Briefs
Short news articles based on research surveys and peers’ business experiences that can benefit institutions