NACUBO Performance Measurement Project

NACUBO’s Accounting Principles Council (APC) in its ongoing efforts to advise the standards boards on behalf of higher education, created a project team to study performance measurement.  The project goals are to:

• Identify the current status of and opinions about performance measurement reporting in higher education (Survey)
• Provide a straightforward, practical approach to starting or revising a reporting format that is useful to both independent and public institutions (Toolkit)
• Proactively tackle what could be a significant disclosure requirement for colleges and universities (White Paper, pending)

To accomplish the project goals, the team has conducted a survey, analyzed survey results, reviewed samples of existing performance measurement reports, reviewed prior research results, and developed a key performance indicator matrix.  At various stages of the project, the team conducted focus groups at NACUBO professional development events to gain feedback essential for the development of a set of reporting tools to aid higher education institutions.  The team will continue to seek feedback as the project moves forward.

For more information on the project, including a summary of the GASB initiative, view the NACUBO Higher Education Accounting Forum  presentation, April 2004.