2025 Intermediate Accounting and Reporting
- Registration Closed
January 29-31, 2025
This program is a fantastic introduction for new professionals moving into higher education accounting as well as those who want to learn about accounting and reporting topics that are beyond their current responsibilities. This workshop for private and public institutions covers restrictions, endowments, investment pool unitization, contributions, split interest gifts, capital assets, debt, functional expenses, and operating activities.
Attendees receive a thorough explanation of Financial Accounting Standards Board (FASB) and Governmental Accounting Standards Board (GASB) standards relevant to higher education institutions. There is emphasis placed on financial reporting rules, sample statements and campus examples. Preparation principles for direct method cash flow reporting and the myriad of reports that central administration must produce for federal agencies and analysts are also covered.
Learning Objectives
After this program, you will be able to—
- Explain GAAP and what college and university financial statements convey
- Describe the rules behind endowment accounting and reporting
- Differentiate how various operating activities get reported
- Clarify various types of restrictions
Recordings
All sessions will be recorded. Registrants will receive an email when the recordings are available.
-
Recorded On: 01/29/2025
This program for private and public institutions covers restrictions, endowments, investment pool unitization, contributions, split interest gifts, capital assets, debt, functional expenses, and operating activities. Attendees receive a thorough explanation of Financial Accounting Standards Board (FASB) and Governmental Accounting Standards Board (GASB) standards relevant to higher education institution, with an emphasis on financial reporting rules, sample statements and campus examples.
-
Hear an overview of Financial Accounting Standards Board guidance that colleges and universities must pay attention to. This session covers requirements and financial reporting practice and delves into restrictions, contributions, pledges, net assets, revenue, expenses, gains, losses, and disclosures.
-
Hear an overview of Governmental Accounting Standards Board guidance that colleges and universities must pay attention to. This session covers requirements and financial reporting practice and delves into restrictions, assets, liabilities, inflows and outflows, net position, exchange and non-exchange transactions, and disclosures.
-
Hear an overview of Financial Accounting Standards Board guidance that colleges and universities must pay attention to. This session covers requirements and financial reporting practice and delves into restrictions, contributions, pledges, net assets, revenue, expenses, gains, losses, and disclosures.
-
Hear an overview of Governmental Accounting Standards Board guidance that colleges and universities must pay attention to. This session covers requirements and financial reporting practice and delves into restrictions, assets, liabilities, inflows and outflows, net position, exchange and non-exchange transactions, and disclosures.
-
Presenters review all accounting and reporting considerations and requirements for true endowments and funds functioning and endowments. Accounting for the various split-interest gifts that comprise planned giving arrangements will also be discussed.
-
This session addresses recent GASB pronouncements and proposed guidance in the pipeline. This includes compensated absences, financial reporting model changes, endowments, and more.
-
Presenters review all accounting and reporting considerations and requirements for true endowments and funds functioning and endowments. Accounting for the various split-interest gifts that comprise planned giving arrangements will also be discussed.
-
Public institutions are required to report their cash flow statement using the direct method. This session covers how to approach the cash flow statement using the direct method and the advantages of this presentation. It also presents tips and techniques for preparing the cash flow statement.
-
In addition to general purpose audited financial statements, presenters cover a myriad of additional external reporting from athletics through federal agency requirements.
