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.

CPE Available: 12 Credits in Accounting and Accounting Governmental

 Each individual must register and attend separately to earn credit.

NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org

Event Information

• Level: Intermediate
• Prerequisites: Minimum 1-2 years of experience as a professional in higher education or a related private industry.
• Advanced Preparation: None
• Delivery Mode: Group internet based
• Field of Study: Accounting and Accounting Governmental (See schedule for fields of study by session)
• Length: 75 minutes per session

How to Earn CPE Credit

CPE credit is awarded per session. You can only earn credit for attending a session live. CPE credit cannot be earned for watching the recordings.

To earn CPE credit, go to the Schedule tab and click the title of the session you want to attend. On that session page, you will complete the following tasks under the Content tab, after the session has ended:

1. Pass the CPE codeword quiz. Write down the codewords posted in the Zoom chat at random times throughout the session and complete the quiz at the end of the session. 
2. Submit the CPE check-out code displayed at the end of the session. 
3. Download your CPE certificate. 

You have until 5 pm Eastern Time on Monday, February 3, 2025, to complete these three steps for all attended sessions or report technology issues with this site to online@nacubo.org.

For more detailed instructions, review the CPE Instructions page.