The last time FASB’s reporting model changed for higher education and other non-profits was back in the 1990’s. In the last 20 years however, much has changed in our industry. With those changes comes the next chapter in how we handle asset class restrictions, operating measurement, expense reporting and so much more.

Today on NACUBO In Brief, NACUBO’s own director of accounting policy, Sue Menditto, joins us to provide background on the changes, and outline what CBOs need to know about the proposal to will impact you and you’re institutional reporting.