Higher Education Accounting and Reporting

Jeff West and Margaret Henry

Course Description
Get beyond the basics of accounting and reporting and expand your knowledge and effectiveness as a leader in higher education finance with this workshop from WACUBO. This workshop offers the attendee a solid review of the theoretical framework of higher education accounting and reporting. Operational, investing, and financing activities of the institution are reviewed - along with the impact of these activities on the financial statements. Additional information on analyzing and interpreting financial statements will be provided, along with excellent networking opportunities with fellow colleagues throughout the WACUBO region and beyond who will be in attendance.

Learning Objectives:

  • Understand the purpose of fund accounting systems and its relevance in today's reporting formats
  • Explain differences among operating and non-operating activities
  • Analyze recognition issues pertaining to revenue and expenses
  • Hear about relevant laws and account standards that govern endowments, gifts, and restrictions
  • Learn the differences between financing capital activities and operating activities
  • Identify the basic financial statements and information included in the financial reports
  • Identify how to read and understand the basic financial statements

Who Should Attend:
This course is intended for those who already have a basic understanding of the principles, but want to brush up on or expand their knowledge in the arena - including updated information and pronouncements from FASB, GASB, and the AICPA. Suggested Prerequisite: NACUBO's Essentials of College & University Accounting (ECUA).

CPE Information: Attendees of the workshop will earn 15 CPE units in accounting. Note: CPE's are subject to adjustment due to minor schedule modifications.