Overview

This program is a fantastic introduction for new professionals moving into higher education accounting as well as those individuals seeking to learn more about other areas of accounting. The workshop presents accounting and financial reporting in the areas of endowments, investments, gifts, split interest agreements, capital assets, debt, and operating activities.  Attendees receive a thorough explanation of Financial Accounting Standards Board (FASB) and Governmental Accounting Standards Board (GASB) standards relevant to higher education institutions. Cash flow statement sessions are held concurrently allowing the faculty to focus on the public and not-for-profit sectors of higher education reporting. There is emphasis placed on preparing and understanding the financial statements, including hands-on exercises and sample statements for review. The workshop is conducted by an experienced faculty including a university president, a controller, and an accounting professor. A networking reception is also included. Who Should Attend:   • Controllers • Associate and assistant controllers • Accounting department staff • Financial reporting managers • Budget directors • Internal auditors Prerequisites No prerequisites and/or advance preparation required. Course Level Intermediate Estimated CPEs Participants will be awarded up to 15 15 CPE credits. CPE credits can be earned in the following categories: Accounting, Accounting (Governmental), Specialized Knowledge and Applications Fees Standard Rate (after 3/3/2008) Member: $685.00 Non-member: $835.00 To assure timely processing, mail-in registration is available only until the early bird deadline. Please postmark form by 3/3/2008. Online registration remains open until program reaches capacity. NOTE: NACUBO professional development programs are often sell-outs. Please secure air and hotel reservations only after confirmation of registration.

Schedule

Monday, March 31
8:00 am	Registration and Continental Breakfast
8:45 am	Welcome and Introduction
9:00 am	Financial Reporting for Institutions of Higher Education
	Financial Reporting for GASB Mary L. Fischer, University of Texas at Tyler   Financial Reporting for FASB John R. Kroll, University of Chicago
10:30 am	Refreshment Break
10:45 am	Financial Reporting for Institutions of Higher Education (continued)
	Financial Reporting for GASB              Mary L. Fischer, University of Texas at Tyler              Financial Reporting for FASB              John R. Kroll, University of Chicago
12:15 pm	Lunch
1:30 pm	Statement of Cash Flows
	Cash Flows for GASB Mary L. Fischer, University of Texas at Tyler   Cash Flows for FASB John R. Kroll, University of Chicago
2:30 pm	Refreshment Break
2:45 pm	Current Operating Issues
	Jerry B. Farley, Washburn University of Topeka
4:45 pm	Questions and Answers
5:00 pm	Networking Reception
6:00 pm	Reception Ends
Tuesday, April 1
7:30 am	Continental Breakfast
8:00 am	Accounting for Endowments, Annuity Funds, Split Interest Agreements, and Gifts
	John R. Kroll, University of Chicago
9:30 am	Refreshment Break/ Hotel Check-out
10:00 am	Accounting for Endowments, Annuity Funds, Split Interest Agreements, and Gifts (continued)
	John R. Kroll, University of Chicago
11:45 am	Lunch
12:45 pm	Capital Issues
	Jerry B. Farley, Washburn University of Topeka
2:15 pm	Refreshment Break
2:30 pm	Capital Issues (continued)
	Jerry B. Farley, Washburn University of Topeka
4:00 pm	Questions and Closing
4:15 pm	Program Ends

Hotel/Logistics

Omni Interlocken Hotel

Intermediate Accounting and Reporting Program

The four-diamond Omni Interlocken Resort welcomes you to a retreat into modern luxury. Nestled against the backdrop of the Rocky Mountains, this year-round Colorado resort near Denver offers a wealth of on-site pleasures. With its stunning panoramic views of the mountains or valley, unmatched luxuries and the essence of snow-capped mountain tranquility, the Omni Interlocken Resort is sure to sweep you off your feet. 

When making reservations by phone, be sure to mention the block of rooms reserved by National Association of College and University Business Officers (NACUBO) for the specific workshop title.  

Visit the Omni Interlocken Hotel website for details, including restaurants, amenities, and nearby attractions.

Room Rate

Standard: $145

For reservations, call 303.438.6600.

Rates are guaranteed until 3/3/2008, subject to availability.

Please review our registration policies.

Please Note: NACUBO professional development programs are often sell-outs. Please secure air and hotel reservations only after confirmation of registration.

Certificates and CPEs

For more information, please visit the CPE Request Form page.

Dress

Casual business attire is appropriate.

Smoking

Smoking is not permitted at any meeting session or program event.

Additional Information

For additional information, please contact the following NACUBO staff members:

Christina Bartholomew
Program Manager
202.861.2568
cbartholomew@nacubo.org

Susan Menditto
Director, Accounting Policy
202.861.2542
susan.menditto@nacubo.org

Faculty

Learn from three of the top stars in higher education accounting! NACUBO’s Intermediate Accounting and Reporting workshop presents a unique opportunity to draw on the experience of a university president and a controller. They are  extremely knowledgeable and have become known for presentation styles that make the content come alive.

Dr. Jerry B. Farley, president of Washburn University in Topeka, KA, has been called the dean of higher education accounting. He previously was vice president for administrative affairs at the University of Oklahoma, Norman and Health Sciences Center campuses.  Prior to that, he was vice president for business and finance at Oklahoma State University. Dr. Farley is a past chairman of the NACUBO Board of Directors, past president of SACUBO, and past chairman of the NACUBO Accounting Principles Council.  He is a certified public accountant and co-author of the first and second editions of the Basic Fund Accounting training package.  Dr. Farley is the recipient of the NACUBO Daniel D. Robinson Award for his contribution to the field of college and university accounting.

John R. Kroll is controller for the University of Chicago.  His responsibilities include five major areas: University accounting, financial reporting, and cash management; debt management; post award administration; payroll and accounts payable; and procurement.  Kroll came to the University of Chicago from Deloitte & Touche, where he was primarily involved with accounting and auditing services for colleges and universities, other nonprofit organizations, and governmental units.  He is a certified public accountant and past chair of NACUBO’s Accounting Principles Council.  Mr. Kroll is the recipient of NACUBO’s Daniel D. Robinson Award and NACUBO’s Professional Development Award for his contributions to higher education professional development activities and publications.

Dr. Mary L. Fischer is a professor of accounting at The University of Texas at Tyler.  Prior to her move to Texas, she taught at Fairfield University and served as controller at both Wesleyan University and at Columbia University.  Dr. Fischer has written a wide array of articles on accounting education, cash flow, fund accounting, college and university accounting, unrelated business tax, and financial administration.  She is a co-author of the fourth edition of College and University Business Administration and the updated Basic Fund Accounting training package.  Dr. Fischer has authored accounting tutorials for the NACUBO Web site.  She received both the NACUBO Daniel D. Robinson Award and the Professional Development and Scholarship Award.