Accounting Tutorials
This library of accounting tutorials has been created for NACUBO members only to address frequently asked questions that have been brought to our attention. Each tutorial below cites relevant FASB and GASB guidance and also provides reference points to NACUBO’s Financial Accounting and Reporting Manual (FARM), the searchable, web-based, and free accounting guidance and advice manual for NACUBO members.
Login using your NACUBO credentials to access these tutorials.
Members Only
Tutorials |
Description |
|---|---|
Benefits and Accruals |
Benefits and accruals tutorials address topics such as sabbatical leave, deferred compensation, and benefit types.
|
Contributions |
These tutorials cover donations, pledges, collections, and split interest agreements.
|
Expenses |
This category covers functional, natural, and inter-departmental expenses.
|
Financial Reporting |
Tutorials address financial statement presentation and reporting decisions. |
Liabilities |
This topic covers accruals, payables, bonds, and conditional asset retirement obligations.
|
Property, Plant, and Equipment |
Physical plant topics include capitalization, depreciation, land, equipment, building components, and distinguishing between renewals, replacements, and improvements.
|
Cloud Computing Arrangements |
This category addresses cloud-based software agreements and the types of internal costs that can be capitalized. |
Policies |
This category addresses the need for policies in areas such as art collections and use of restricted funds.
|
Sales and Services |
Discusses the costs and benefits of establishing and maintaining inventories for both public and private colleges and universities.
|
Endowments and Investments |
This area is dedicated to endowment and investment accounting and covers topics such as investment types, appreciation, shares or units, spending, and loans. |
