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Driving Financial Sustainability Through Accounting Operational Strategies

October 15, 2020 | 1–2:15pm ET

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Overview

Forward-Looking Accounting Strategies Graphic
The coronavirus pandemic has placed tremendous pressure on colleges and universities, leaving many campuses to face acute financial challenges. According to a recent report from McKinsey, the percentage of institutions with budget shortfalls of more than 5% will increase to more than 50% — and for private four-year colleges, that percentage can rise to as high as 77%.
 
Across-the-board budget cuts may stopgap challenges but won’t necessarily ensure a sustainable future. Now may be the time to invest in an operational framework that goes beyond traditional manual accounting processes. Automation can free up time for analysis and decision-making as well as improve transparency and balance sheet integrity.
 
During this webcast, our panel of experts will cover:
  • Challenges and bottlenecks in traditional manual close processes
  • Strategies for automating and streamlining critical close activities
  • Forward-looking plans for guiding institutions toward an improved future
 Join us to learn what campus experts are doing to automate and improve accounting close processes and how similar strategies can drive financial and accounting sustainability on your campus.

Accounting Webcast

What You Will Learn

NACUBO’s professional development programs are designed to deliver the skills, concepts, and best practices for success to individuals in the business of higher education. After participating in this program, you will be able to—

  • Describe common, higher-risk bottlenecks in traditional manual close processes
  • Identify where to focus accounting optimization efforts to better adapt to a virtual close
  • Outline strategies for standardizing and streamlining close processes

Who Should Attend

  • Accounting Managers
  • Chief Financial Officers
  • Controllers

Meet The Presenters

  • Jana Blick, assistant controller, Vanderbilt University
  • Emily Cantey, manager general accounting, Stanford University
  • John Thelen, assistant controller, Michigan State University
  • Susan Parcells, finance transformation leader, BlackLine

CPE Information

Estimated 1.5 CPE Credits

Field of Study: Accounting (note: each person must register individually to earn CPEs)

NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org.

Rates

Registration assistance: 877.797.7698 or support@nacubo.org

Cancellation Policies

Member Standard

$129

Non-Member Standard

$219

This NACUBO webcast is generously supported by:

NACUBO thanks the following supporters of our E-Learning platform:

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