The higher education sector is large and complex, encompassing public and private for-profit and nonprofit institutions, including two-year, four-year, graduate, and research institutions. This article focuses on recent regulations pertaining to audits and financial reporting for private nonprofit higher education institutions.
Accounting Standard Updates
The Financial Accounting Standards Board (FASB) generally has a number of projects underway at any given point in time. Two upcoming Accounting Standards Updates (ASUs) that will have the most immediate and significant impact on private