Collegiate athletics programs are used to being in the public spotlight, with coaches, student-athletes and team performance featured in the media every day. Financial information is not exempt from this [...]
The Governmental Accounting Standards Board (GASB) has issued Implementation Guide No. 2019-3 to clarify and elaborate on the requirements of Statement No. 87, Leases. Statement 87, released in June of [...]
The Governmental Accounting Standards Board (GASB) recently issued a new implementation guide regarding standards on accounting and financial reporting for fiduciary activities. Implementation Guide No. 2019-2, Fiduciary Activities, is a [...]
When funding sources dry up for higher education entities, public television and radio stations must rely more on listener support and grant funding from the Corporation for Public Broadcasting (CPB). [...]
In early 2016, the Financial Accounting Standards Board (FASB) issued an updated lease accounting standard. The new standard, ASC 842, requires entities that lease property or equipment through operating leases [...]
It’s no secret that the regulatory framework surrounding student financial aid can be one of the most difficult to navigate. As a result, many institutions could have unaddressed compliance issues [...]