Higher Education Essentials Webinar Series

Tuesday, May 3, 2022

Stay current on implementing new standards and learn what you need to know about federal grants compliance and common issues for higher education single audits.
Join us for a two-part, CPE-eligible seminar on the latest audit, accounting, and financial issues impacting public and private higher education institutions. We’ll summarize upcoming GASB and FASB standards and cover the impact of recent AICPA changes. We’ll break down what you need to know about federal grants compliance, common issues for higher education single audits, and regulations around HEERF and other COVID-19-related funding.

Register to attend the webinars live on May 3 if you’d like to earn CPE or view them later on demand at your convenience. Feel free to share this learning opportunity with others that you feel would benefit from attending.

Audit & accounting update for higher education
1:30 – 2:30 p.m. EDT (12:30 – 1:30 p.m. CST)
Anticipated CPE:  1, Accounting

Join us for a summary of the upcoming GASB and FASB standards that impact higher education institutions. We’ll review the effects of the lease standard from both sets of standards and provide practical guidance on implementation and reporting in the financial statements. We’ll also cover key considerations related to upcoming new standards, specifically for information technology (IT) contracts, accounting for the transition away from LIBOR, and more.    

Finally, we’ll cover the impact of recent AICPA changes to independent auditor’s reports, associated audit procedures, and communications, effective for fiscal year 2022. We’ll break down what you, as an auditee, need to know, and we’ll help you explore the necessary steps to prepare for these changes. 

Federal funding & single audit update for higher education
3:00 – 4:00 p.m. EDT (2:00 – 3:00 p.m. CST)
Anticipated CPE:  1, Accounting

Join us for updates on federal grants compliance and the overall federal compliance environment impacting higher education. Hear from experts as they discuss common issues for higher education single audits, including the impact of 2022 Compliance Supplement, which drives audit procedures for the Student Financial Assistance Cluster and the rules and regulations around HEERF and other COVID-19-related funding.

Register HERE.