News Showing 1-10 of 399 Filter Filters: Year 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 Topics Accounting and Financial Reporting Analytics Athletics Auxiliary Services, Campus Operations Campus Safety Community Colleges Comprehensive/Doctoral Institutions CPE Available Dept. of Education Compliance Diversity and Inclusion Effectiveness E-Learning Endowment and Debt Management Energy Efficiency, Sustainability Facilities and Sustainability FASB Finance Form 1098-T GASB Global Operations Grants Management Human Resources Leadership Leadership and Management Legislative Update Organizational Effectiveness Planning and Budgeting Privacy & Data Security Regulations Research Universities Retirement Risk Management and Campus Security Small Institutions Student Financial Services Tax Technology Your Filters: Accounting and Financial Reporting October 27, 2023 ED Publishes New Rules on Financial Responsibility and Transcript Withholding The regulations aim to enhance oversight and accountability for institutions of higher education and strengthen consumer protections for student borrowers. October 02, 2023 GASB Proposal Provides Guidance on Certain Capital Assets GASB’s latest exposure draft would provide new accounting guidance for disclosure and classification of certain capital assets. Comments are due January 5, 2024. September 08, 2023 FASB Issues Concepts Chapter on Recognition and Derecognition The updated conceptual framework chapter addresses when an item should be included in or removed from financial statements. July 20, 2023 GASB Sunsets Use of LIBOR as Derivative Reference Rate As of July 1, LIBOR is no longer being published by the ICE Benchmark Administration so, GASB no longer considers LIBOR to be an appropriate benchmark interest rate for derivative instruments. June 23, 2023 NACUBO Raises Concerns With Proposed Rules on Financial Responsibility, Transcript Holds, and More In a letter to the Department of Education, we highlighted proposals that go beyond generally accepted accounting principles, concerns regarding new reporting mandates, and more. May 04, 2023 Department of Education Seeks No-Cost Extension for HEERF Funds The Department of Education will make a no-cost extension form available to grantees needing up to an additional 12 months to spend remaining HEERF balances. April 17, 2023 FASB Issues Proposed Guidance on Crypto Assets FASB recently issued a proposed Accounting Standards Update addressing the accounting for and disclosure of crypto assets. April 17, 2023 FASB Issues Accounting Standards Update on Leases The ASU only applies to institutions without any public debt. March 21, 2023 NACUBO Requests Changes to GASB’s Proposal to Update Implementation Guidance We suggested changes to a new Q&A GASB added to its new implementation guidance for leases, subscription-based information technology arrangements, and accounting changes and error corrections. February 06, 2023 ED Issues 2021 HEERF Performance Report A new report from the Department of Education highlights ways institutions used $39 billion in HEERF funding to support their students and campus operations.