HEAF26: Accounting and Financial Reporting Applicable to Acquisitions, Mergers, and Closures

As consolidation accelerates in higher education, mergers, acquisitions, and closures bring complex accounting and reporting issues. Key considerations include purchase price allocations, stub-period audits, liquidation accounting, Perkins loan close-outs, transfers of restricted net assets, teach-out costs, professional and legal fees, severance plans, and more. This session will review the M&A landscape and applicable guidance under FASB and GASB. Presenters will share practical lessons from recent or ongoing transactions, including compliance with U.S. Department of Education and accreditor reporting. Villanova’s controller will also offer insight from overseeing a wind-down at Cabrini University, spanning both acquiring and acquired perspectives. 

CPE Available: 1 Credit in Finance

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: Finance
• Length: 60 minutes

Steps to Earn CPE Credit

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

To earn CPE credit, 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 April15,2026 to complete these three steps or report technology issues with this site to online@nacubo.org.

For more detailed instructions, review the CPE Instructions page.