This week on NACUBO In Brief, we bring you part two of our four-part series dissecting one of higher education’s biggest challenges: financial modeling and forecasting in the face of great uncertainty.

In our last episode, we made the case for the value of forecasting. This week, we dive deeper, discussing the process of forecasting with illustrations of how institutions can build a forecasting and scenario planning process that is grounded in budgeting.

NACUBO’s senior director of accounting policy Sue Menditto invites two experts in for the conversation; Larry Goldstein, President of Campus Strategies and author of College and University Budgeting, and Brett Matteo, managing director of The PFM Group and president of Synario software (formerly known as Whitebirch).