IAR25: Financial Reporting for Independent Institutions (FASB) Part 1

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.

CPE Available: 1.5 Credits in Accounting

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
• Length: 75 minutes

Steps to Earn CPE Credit

To earn CPE credit, you must attend the session live. CPE credit cannot be earned for watching the recording. 

After the session ends, you will complete the following steps under the Content tab: 

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 or report technology issues with this site to online@nacubo.org.

For more detailed instructions, review the CPE Instructions page.