Katie Davis Quoted in Sportico Article: Changes in NCAA MFRS
Originally published on August 23, 2024
Updated on November 13th, 2024
The NCAA is exploring significant changes to its Membership Financial Reporting System (MFRS), aiming to address longstanding criticisms and provide a clearer understanding of how athletic department funds are allocated, particularly in relation to student-athletes.
In an article discussing these potential changes, Katie Davis, partner at James Moore & Co. and leader of the firm’s Higher Education Services team, is quoted extensively. She references a recent survey conducted by James Moore among athletic department business officers, which revealed that the majority of respondents are seeking greater transparency and clarity in the definitions of MFRS categories. Davis emphasizes that these changes could set a new standard for financial reporting within collegiate athletics, ultimately leading to more accurate reflections of how funds support student-athletes.
As the NCAA continues to explore these changes, the insights from industry professionals like Davis and the results from JMCO’s survey will be crucial in shaping the future of financial reporting in collegiate athletics.
You can read the full Sportico article here.
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