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Financial Outlook Improves for Colleges and Universities

A U.S. Higher Education In-Depth Sector Report issued July 6, 2015 by Moody’s Investor Services states that during 2014 the higher education sector

U.S. Court Says "Show Me the Money" to For-Profit Colleges

A recent ruling by a Federal Court puts continued pressure on the nation’s for-profit colleges. Those colleges have been under an increased level

Debt-free College: Is It Possible?

If you’ve been watching or listening to any type of political campaign coverage recently, you’ve probably heard various positions on the cost

Not-for-Profit Reporting Model - Part 3: Measuring Performance

In Part 1 of our NFP Reporting Model series, we discussed FASB's proposed ASU on the presentation ot financial statements of not-for-profit entities
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Middle States Commission on Higher Education Revised Compliance Verification Requirements - What's New?

In August 2014, we wrote an article regarding the Middle States Commission on Higher Education published guidelines participating in an accreditation-related

Not-for-Profit Reporting Model - Part 2: Board-Designated or Quasi-Endowment Funds

In Part 1 of our NFP Reporting Model series, we discussed FASB's proposed ASU on the presentation ot financial statements of not-for-profit entities

Not-for-Profit Reporting Model - Part 1: Two's Company, Three's a Crowd - FASB's NFP Proposal's Impact on Net Asset Classification

As we have written before, the Financial Accounting Standards Board (FASB) has issued its proposed Accounting Standards Update on the presentation of financial

It's Finally Here! The Exposure Draft on Financial Reporting of Not-for-Profit and Health Care Entities at a Glance

On April 22, 2015, the Financial Accounting Standards Board (FASB) released the long-awaited exposure draft for the proposed accounting standards update,
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Not-For-Profit Officer and Director Liability: A Volunteer's Cautionary Tale

Early this year, the United States Court of Appeals issued an opinion confirming a jury verdict that held former officers and directors of a bankrupt nursing

Pennsylvania Education Tax Credit Update

The Pennsylvania Department of Revenue has issued Informational Notice Miscellaneous Tax 2015-01 (“Notice”) that addresses taxpayer questions
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