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February 21, 2020

FASB Proposal Addresses In-Kind Gifts

In an effort to increase transparency about contributed non-financial assets, FASB’s exposure draft would require distinct financial statement presentation and enhanced disclosures.

February 21, 2020

White House Releases FY21 Budget Request

The president’s proposal would make cuts to numerous student aid programs, research funding, and other agencies, though Congress ultimately has control in the appropriations process.

February 19, 2020

GASB Approves Project to Modify Component Unit Criteria

GASB has addressed a huge issue for higher education by approving a fast-tracked project to modify criteria for determining when defined contribution pension plans are component units and should be included in fiduciary fund statements.

February 12, 2020

February 07, 2020

Craig Woody Receives the 2020 Rodney H. Adams Endowment Management Award

Over his 35-year tenure at the University of Denver, Craig Woody made a tremendous impact on the institution and the business and financial officer profession. Woody, who retired in 2019, has received this NACUBO Award for a career’s worth of outstanding contributions.

February 07, 2020

ED Rescinds Foreign Gift Reporting Proposal

The Department of Education’s controversial new proposed rules on foreign gift reporting will be withdrawn and rewritten before schools have to comply.