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WEBINAR: Navigating the New Financial Responsibility Rules

WEBINAR: Navigating the New Financial Responsibility Rules

By: Dean Dorton | March 11, 2021

In this webinar recording, Lance Mann, Assurance Director, covers significant new requirements that will impact higher education Single Audits performed under Uniform Grant Guidance.

COVID-19 | Higher Education

Webinar Overview:

The U.S. Department of Education’s borrower defense regulations revised financial responsibility requirements and established reporting requirements for legal settlements against higher education institutions. The new regulations also made amendments to the composite score calculations to adjust for accounting standard changes along with new reporting requirements within an institutions Single Audit report.

This webinar addressed significant new requirements that will impact higher education Single Audits performed under Uniform Grant Guidance.

Who should watch?

  • Chief Financial Officers
  • Chief Business Officers
  • Controllers
  • Accountants
  • College and Central Business Managers
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Presentation slide deck

The matters discussed in these materials provide general information only. You should consult with an advisor about your specific situation before undertaking any action because each organization’s situation is unique. This information may not be construed as either accounting or legal advice.

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The matters discussed on this website provide general information only. The information is neither tax nor legal advice. You should consult with a qualified professional advisor about your specific situation before undertaking any action.

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