On October 31, the Department of Education released guidance for not-for-profit (NFP) and proprietary institutions that must comply with rigorous related party financial statement disclosures.
NACUBO (National Association of College and University Business Officers) is a prominent membership organization dedicated to serving the higher education community. It caters primarily to business officers, administrators, and decision-makers at colleges and universities across the United States and beyond.
As a trusted resource for campus leaders, NACUBO provides a platform for collaboration, knowledge sharing, and addressing the evolving challenges faced by institutions of higher education. Its mission revolves around ensuring the success of member institutions by offering valuable insights, resources, and advocacy.
NACUBO's coverage spans a wide range of topics relevant to the business and operational aspects of running colleges and universities. This includes areas such as finance, accounting, human resources, facilities management, and regulatory compliance, among others. The organization serves as a hub for disseminating information, best practices, and guidance on various matters impacting the higher education sector.
Through its website, publications, events, and networking opportunities, NACUBO facilitates the exchange of ideas and experiences among its diverse membership base. It also plays a role in shaping policies and regulations that affect the higher education landscape, advocating for the interests of its member institutions.