Attendees receive a thorough explanation of Financial Accounting Standards Board (FASB) and Governmental Accounting Standards Board (GASB) standards relevant to higher education institutions. There is emphasis placed on preparing and understanding the financial statements, including hands-on exercises and sample statements for review. Cash flow statement sessions are held concurrently allowing the faculty to focus on the public and not-for-profit sectors of higher education reporting.
The workshop is conducted by an experienced faculty including a university president, a controller, and an accounting professor.
Accounting and Financial Reporting Workshop