IAR26: Operating Topics 1: Income Statement, FASB Approach

Live Event: 01/30/2026 at 11:00 AM (EST)

Only available as part of a package

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. 

CPE Available: 1.5 Credits in Accounting

Each individual must register and attend separately to earn credit.

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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.

Terri Albertson

Vice President for Finance and Administration

Ursinus College

Terri Albertson is the vice president for finance and administration at Ursinus College. She was previously with Philadelphia College of Osteopathic Medicine and Haverford College. She has spent over 25 years in public accounting at national firms with an industry focus on colleges and universities, healthcare entities, and not-for-profit organizations. She is the current chair of NACUBO's accounting principles council and is a graduate of NACUBO's Fellows program. She is a member of the board of trustees of Salus University and is on the audit and compliance committee and the finance committee.

Russell DiLeo

University Comptroller

University of Pennsylvania

25+ years of accounting and finance experience in the fields of higher education and healthcare with the University of Pennsylvania in increasingly progressive roles of responsibility. Interim VP for Finance and Treasurer in 2022. University Comptroller and Chief Accounting Office since 2020. Licensed CPA in the State of NJ. Long standing member of the NACUBO APC collaborating on numerous projects. Member of the AICPA.

Lori Beaty

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IAR26: Operating Topics 1: Income Statement: FASB Approach
01/30/2026 at 11:00 AM (EST)  |  75 minutes
01/30/2026 at 11:00 AM (EST)  |  75 minutes 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.
You must register to access.