Monday Midday Learning Opps

Accounting Update for Independent Institutions

  • Monday, July 15
  • 02:15 PM - 03:30 PM
  • Austin Conv Center
  • Level 1, Ballroom B
  • ACT

Speakers

Sharon Heinle

Associate Vice President & University Controller

George Washington University

Ashburn, Virginia

Sue Menditto

Senior Director, Accounting Policy

NACUBO

Washington, District of Columbia

Mary Wheeler

NACUBO FARM Author and Consultant

NACUBO

Mesa, Arizona

Description

Hear higher education’s perspective on recently issued accounting standards and projects. This interactive session will review the Financial Accounting Standards Board’s latest work on revenue recognition for grants and contributions, with particular focus on cost-sharing arrangements, and address revenue recognition for tuition and fees as well. The speakers will offer words of advice for 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