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Accounting

Keep up to date on the latest accounting issues and find valuable resources, including GASB and FASB guidance, news and articles.

FASB NFP Financial Reporting

Accounting Advisory Reports

Accounting Comment Letters

Accounting Tutorials

Perkins Wind-down Guidance

Title IV Financial Responsibility Standards

 

NACUBO’s Financial Accounting and Reporting Manual (FARM)

Comprehensive and up-to-date accounting guidance and preferred practice for colleges and universities. FARM is searchable, web-based, and free for NACUBO members.

In order to access FARM, log into MyNACUBO with your user name (institutional/business email address) and password. If you haven’t set yourself up with a user name and password, it’s easy and fast, just follow the prompts.

Contact

Sue Menditto

Director, Accounting Policy

202.861.2542

smenditto@nacubo.org


News

NACUBO Issues Guidance on Tuition Revenue Recognition

February 13, 2019

NACUBO has issued an advisory that addresses FASB Topic 606 (Revenue from Contracts with Customers). NACUBO’s guidance focuses on tuition agreements with students, but the concepts are equally applicable to all revenues from contracts with customers.


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  • June 20, 2019

    GASB Issues Fiduciary Activities Implementation Guide

    The Governmental Accounting Standards Board has issued a new Implementation Guide to assist with implementing Statement No. 84.

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  • June 20, 2019

    GASB Seeks Assistance to Evaluate Compensated Absences

    The Governmental Accounting Standards Board is asking financial statement preparers to take a short survey on compensated absences to help inform their pre-agenda research.

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  • June 20, 2019

    GASB Proposal Enhances Public-Private and Public-Public Partnership Guidance

    A new Exposure Draft addresses public-private and public-public partnerships and proposes guidance for arrangements not covered by previous standards. Comments are due September 13.

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Business Officer

The Business Officer magazine is available at businessofficermagazine.org.

Accounting Principles Council

NACUBO members can contribute, participate and volunteer in many ways.

Workshops

Our professional development programs are designed to deliver the skills, concepts and best practices for success to individuals in the business of higher education.

Upcoming Events

  • September 16, 2019

    2019 Planning and Budgeting Forum

    September 16-17 | Pittsburgh

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  • October 27, 2019

    2019 Tax Forum

    October 27-29 | Atlanta

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Legislative Updates

  • January 08, 2018

    What Did I Miss in Washington? December 12, 2017–January 8, 2018

    Learn More →
  • January 04, 2018

    HEA Reauthorization Bill Heading to House Floor in New Year

    Learn More →

Research

  • May 08, 2019

    2018 NACUBO-TIAA Study of Endowments

    This annual survey provides comprehensive analysis of investment returns, asset allocations, and governance policies and practices at more than 800 U.S. higher education institution endowments and affiliated foundations, representing nearly $617 billion in endowment assets.

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  • May 08, 2019

    NACUBO Benchmarking Tool

    The NACUBO Benchmarking Tool allows member institutions to compare their endowment, tuition discounting, and student financial services survey results against self-selected peer group averages.

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