| Wednesday, November 16 |
| 7:15 AM |
Registration and Continental Breakfast |
| 8:30 AM |
Introduction and Overview |
| 8:45 AM |
Planning and Budgeting: The ABCs of Resource Management |
|
This session provides a broad understanding of the underlying concepts and principles of operating and capital budgets, allocation and reallocation decisions, decision making within and outside planning and budgeting cycles, incentives and disincentives inherent in budget processes, and politics involved. |
| 10:00 AM |
Refreshment Break |
| 10:15 AM |
Budget Models: Which One Is Right for Your Campus? |
|
Sometimes it seems as if there are as many budget models as there are campuses. This session highlights the budgeting methodologies that are in use in higher education, including centralized unrestricted, full funds, activity and performance derived, zero-based, and responsibility-based budgeting. Each faculty member will briefly describe methodologies used on their campuses, followed by a panel discussion. |
| 12:00 PM |
Lunch |
| 1:15 PM |
Revenue Forecasting and Measurement Principles |
|
Being able to project revenue streams accurately at an institutional or programmatic level is critical. This session explores models that measure student and research revenue streams, the key drivers that influence the ultimate revenue result, and the measure of actual performance against such drivers. Included are models that project the impact of enrollment management decisions, including tuition rate and discount policy. |
| 2:15 PM |
Integrated Postsecondary Data System (IPEDS) - A Data Source You Can Use |
|
Your institution has been submitting data and surveys for years to the Integrated Postsecondary Education Data System (IPEDS). Find out what happens with the data, the tools available to use the data, and the utility to the business office. |
| 3:15 PM |
Refreshment Break |
| 3:30 PM |
Concurrent Session: To Privatize or Not: Selecting the Most Effective and Efficient Means of Service Delivery |
|
Concurrent sessions addressing the issues of small and large institutions.
Financial pressures, inefficiencies, and dissatisfied customers can lead management to request an evaluation of outsourcing certain campus operations. Separate sessions for small and large schools address the financial, political, and socioeconomic factors to consider, different ways to privatize, and the inherent problems and constraints associated with each approach. |
| 4:30 PM |
Concurrent Session: Data Warehousing - A Foundation of Decision Support |
|
Advances in technology have led institutions to establish data warehouses in response to leadership’s desire for improved decision making. This session explains how a data warehouse and related tools are used to support executive decisions, outlines the steps to successful implementation, and describes potential pitfalls. |
| 4:30 PM |
Concurrent Session: Management Reporting |
|
Reporting practices uncovered by a NACUBO research effort are revealed and set the stage for an interactive discussion between the panel and participants. |
| Thursday, November 17 |
| 8:00 AM |
Continental Breakfast |
| 8:30 AM |
Endowment and Gift Revenues |
|
This session addresses fiduciary considerations of finance and investment committees and consultants, investment strategies, spending policies, and asset allocation plans. Also examined is the growth in asset allocation to alternative investments and the impact on endowment performance and due diligence. The current business challenges presented by underwater endowment funds are tackled by focusing on related accounting and reporting requirements, the impact on spending decisions and implications under the Uniform Management of Institutional Funds Act. |
| 9:30 AM |
Performance Measurement |
|
Measurement of operational effectiveness within colleges and universities is the focus of this session. Topics include development and analysis of internal and external surveys and benchmarks, selection of appropriate peer groups, establishment of key indicators of effectiveness, performance planning, and performance reporting. |
| 10:30 AM |
Introduction to Costing Topics |
|
This overview focuses on cost-measurement methodologies and the various purposes of cost measurement. More detailed sessions on costing topics will follow this session. |
| 10:45 AM |
Refreshment Break |
| 11:00 AM |
Concurrent Session on Costing Topics: Balanced Scorecard |
|
This session includes a case study on the implication of the Balanced Scorecard at the University of Denver within its Business and Finance division with reporting and communications to its chancellor and other senior positions outside of the division. |
| 11:00 AM |
Concurrent Session on Costing Topics: Activity-Based Costing |
|
This session presents the fundamental concepts of activity-based costing (ABC) and management reporting, with emphasis on the relationships between resources, activities, and cost objects. Agenda includes review of basic principles of activity-based costing, application of ABC tools and techniques, and discussion of critical success factors. |
| 12:15 PM |
Lunch with Topic Tables |
|
Topics include Activity-Based Costing, Approach to Budget Styles, Performance Measurement/Balance Scorecard, Privatization, Management Reports, Utilizing a Datawarehouse, Cost of College, Capital Planning Debt and Facility Renewal. |
| 1:30 PM |
Concurrent Session: Cost of College and Allocation Methodologies |
|
This session helps participants understand connections between cost allocation methodologies. To illustrate, presenters will focus on NACUBO’s Cost of College Model and the OMB Circular A-21 requirements. |
| 1:30 PM |
Concurrent Session: What Trustees Really Want to Know |
|
Learn strategies for effectively communicating financial results, budget presentations and endowment performance measures to boards. Serving for 4 years as chair of the Board of Directors for Wittenberg University in addition to her role at Northwestern University, Ingrid Stafford brings a dual perspective on what information board members expect. |
| 3:00 PM |
Refreshment Break |
| 3:15 PM |
MAA Roundup: Current Topics and Issues |
| Friday, November 18 |
| 8:30 AM |
Continental Breakfast |
| 9:30 AM |
Case Study: Methodology on Facility Renewal and Replacement and Funding Implication |
|
After significant capital investments in the late 1990’s and early 2000’s, institutions are facing the challenge of maintaining the functionality of new facilities and catching up on remaining deferred maintenance within finite operating and capital budgets. This session reviews one methodology for assessing facility needs with the analytical rigor applied to financial assets and coordinates the results with the institution’s facility operations and financial resources. |
| 10:30 AM |
Refreshment and Checkout Break |
| 11:00 AM |
Capital Planning and Debt Financing: Protecting the Future |
|
In response to aging facilities and increasing competition, campus leaders look for new ways to approach capital assessment, planning, and debt financing in higher education. This session explains new strategies for comprehensive needs assessment and ways to assure the proper balance between new space and renewal. It also addresses building a consensus on funding, overcoming political issues, planning and monitoring revenue streams, developing a debt policy, and emerging concepts for managing debt. |
| 12:15 PM |
Wrap-up Panel Discussion |
