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Sue Menditto

Senior Director, Accounting Policy



FASB Proposal Would Update Discount Rate Approach

July 9, 2021

FASB’s June 2021 proposed Accounting Standards Update on leases would allow all not-for-profit colleges and universities to use a risk-free discount rate, by class of underlying leased asset, as a practical expedient. NACUBO will submit comments in support of the proposal.

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  • June 30, 2021

    ED Proposes New Annual HEERF Reporting Requirements

    A June 24 Department of Education information request proposes significant changes to annual HEERF reporting requirements for both student and institutional funds. Comments are due August 23, 2021.

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  • June 21, 2021

    GASB Addresses Accounting Changes and Error Corrections

    A new Governmental Accounting Standards Board exposure draft revises the guidance for reporting accounting changes and error corrections. Comments are due August 31.

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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 Programs

  • July 27, 2021

    NACUBO 2021 Annual Meeting

    July 27–30, 2021

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  • July 27, 2021

    NACUBO 2021 Annual Meeting: Tuesday Pass

    July 27, 2021 | 11am-5:45pm ET

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  • May 26, 2021

    NACUBO Tuition Discounting Study

    The annual NACUBO Tuition Discounting Study (TDS) measures the institutional tuition discount rates and other indicators of institutional grant awards to first-time, full-time first year undergraduates and all undergraduates who attend private, nonprofit (independent) colleges and universities.

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  • April 28, 2021

    Public NTSE Tables

    Public NTSE tables provide an overview of investment returns, asset allocations, spending rates, and endowment market values at college and university endowments and affiliated foundations that participate in the annual series of NACUBO endowment studies.

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Press Release

  • June 30, 2021

    NACUBO President Testifies to Congress on Value of Higher Education

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  • June 23, 2021

    NACUBO Selects Business Officers for First-Annual Emerging Leaders Program

    The new leadership development program sought candidates from diverse backgrounds

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