Watch select sessions from the 2024 Higher Education Accounting Forum and get the latest information on trends and best practices in financial accounting and reporting, managerial analysis, and leadership issues for all types of institutions.

FASB staff provide insight into board deliberations and projects that will impact public higher education.

GASB staff provide insight into board deliberations and projects that will impact public higher education.

This session will provide answers to questions that NFP institutions care about, clarify the proper accounting that should be followed in a variety of situations, and share operational examples from campus experts. Audience members are encouraged to come ready with questions and situations that need to be addressed.

This session will provide an overview of the accounting rules established by GASB Statement 101 along with examples of how required calculations are expected to function. A deep dive into early implementation efforts at Michigan State University will review compensated absence programs and a detailed description of the changes that will be necessary under the new standard. Participants will hear a proposed approach for estimating future use of compensated absences, come away with an implementation action plan, and an understanding of organizational effort and financial reporting impacts.

Tax issues abound on campus and are ever-changing. Join us for this multi-subject session to learn about hot tax topics, including executive compensation, energy credits, worker classification, information reporting (1099-K thresholds, etc.), Washington updates, and much more!

COA is the backbone of financial accounting, reporting, and organizational controls. In this session, the University of Iowa will share the application they developed to manage requests for new chartfields and accounts. The presenters will also share how this application integrates with other applications at the University and the importance and integration of roles in the COA governance process through this application. They’ll also share their methods for routing requests to the appropriate approval paths within the workflow to ensure proper oversight of general ledger accounts.

This session will feature an interactive discussion between the panelists and with audience members. The panelists will cover some of the unique accounting and reporting challenges for higher education institutions. Attendees will also learn about current events and operational challenges, including the most recent news headlines impacting the higher education industry (enrollment challenges, school collaborations and closings/mergers, inflation, etc.).

During this session, AICPA Government Audit Quality Control members will discuss the process for vetting and incorporating new compliance requests from federal agencies. They will also share what to expect in 2024 and review future pipeline topics and concerns.