NACUBO Accounting Advisory Reports reflect prevailing preferred industry practice.
Year-Round Pell Grants Return in FY17 Spending Agreement
May 15, 2017
Congressional leaders passed a spending bill that featured strong funding for education and research despite the president’s call for steep cuts. NACUBO shares some of the details.
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June 26, 2020
NACUBO Pushes Back on GASB’s Coronavirus Accounting Proposal
In a letter to the Governmental Accounting Standards Board, NACUBO supported GASB’s accounting interpretation of CARES Act relief funds but disagreed with its assertion that a global pandemic is neither an unusual nor infrequent occurrence for financial reporting.Read More →
June 22, 2020
ED Issues Additional Guidance on CARES Act, R2T4
The Department of Education recently published two guidance documents: one addressing questions related to funds provided under the CARES Act, and the other announcing regulatory flexibility with regard to Return to Title IV funds during the COVID-19 pandemic.Read More →
June 12, 2020
GASB Proposal Addresses CARES Act and Coronavirus-Related Questions
The Governmental Accounting Standards Board is accepting comments for two weeks on a proposal that addresses accounting and reporting questions that have surfaced as a result of the pandemic and subsequent legislative relief. Final guidance expected by June 30 would take effect immediately.Read More →
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