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FASB Issues Accounting Standards Update for Not-for-Profit Entities on Contributed Nonfinancial Assets

Learn more about the Lease Accounting Standards Update released by FASB and its impact on companies.

The Impact of COVID-19 on Community Colleges

In March of 2020, institutions of higher education across the United States raced to make online classes readily available for students in the midst of

Don’t Forget About Your HEERF Reporting Requirements

The Department of Education (ED) conducted a webcast October 14 to clarify a few of the requirements pertinent to disbursements it made under the Higher

2020 Title IX Updates

In 2011, the Obama administration released guidance, known as the “Dear Colleague Letter,” on Title IX regulations in order to reinforce the
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COVID-19’s Impact on Collegiate Athletics

Higher education has undoubtedly been one of the most significantly impacted industries across the United States related to the coronavirus pandemic. This

OMB Issues Final 2020 Compliance Supplement

Learn more about the 2020 Compliance Supplement provided by the Office of Management and Budget.

Distance Education Program Compliance Requirements and COVID-19

Learn more about the increased focus on distance education program compliance requirements for higher education institutions due to COVID-19.

FASB Proposes Changes to the Definitions of Financial Statement Elements

On July 16, the Financial Accounting Standards Board (FASB) issued exposure draft Concepts Statement No. 8, Conceptual Framework for Financial Reporting,
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New FISAP Instructions Under the CARES Act

On August 3, 2020, the Fiscal Operations Report for 2019-20 and the Application to Participate for 2021-22 (FISAP) instructions became available. The reporting

Does Your Institution Offer the Correct Number of Courses?

During this unprecedented time, navigating the uncertainty of the upcoming semesters for higher education institutions is essential for student, faculty
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