Sunday Mid-day Learning Opps

Accounting Update for Independent Institutions

  • Sunday, July 22
  • 02:00 PM - 03:15 PM
  • Long Beach Conv Center
  • Level 1, 104C
  • ACT


Matthew Brewer

Controller, California Institute of Technology and member, Accounting Principles Council

California Institute of Technology


Karen Craig

Project Manager, Member-AICPA NFP Expert Panel


Shell Beach, California

Sue Menditto

Director, Accounting Policy


Washington, District of Columbia


Hear higher education’s perspective on recently issued accounting standards and projects. This interactive session will focus on the Financial Accounting Standards Board’s latest work on revenue recognition for grants and contributions. Revenue recognition for tuition and fees will also be addressed, with special attention given to both AICPA’s and NACUBO’s recommended guidance. The speakers will also cover NACUBO’s Accounting Principles Council advisory guidance on implementing FASB’s NFP reporting changes.

Learning Objectives

  • Identify accounting changes on the horizon.
  • Describe requirements in FASB’s guidance.
  • Understand how to implement the new standards.