Agenda

Junice Jones, Partner, CapinCrouse LLP
Rachel McMichael, Partner, CapinCrouse LLP
Winters Richwine, Chief Operating Officer & Investment Consultant, Cornerstone Management

(CPE: Specialized Knowledge)

There are several important areas for forward-thinking institutions to consider as they look ahead to what’s next. Understanding what is driving current trends, challenges, and opportunities in the higher education industry can help your institution plan strategically.

During this session, we’ll discuss trends in higher education including financial stability, inflation pressures, and student population demographics. We’ll also provide an investments update, along with key considerations you can apply at your institution.

Learning objectives:

Analyze key trends, challenges, and opportunities in the higher education industry and determine how to address them in your institution’s strategic planning
Assess financial stability from a market perspective and the difference in stability versus operating margins
Assess the impact of inflation on the higher education industry as a whole
Analyze the impact of student body demographics on future institutional planning
Describe the current investment market and future outlook

Tyler VanderVen, Partner, CapinCrouse LLP
Christopher M. DuKate, Partner, CapinCrouse LLP
Lisa R. Saul, Partner and Uniform Guidance Director, CapinCrouse LLP

(CPE: Accounting (Governmental))

This session will cover two important areas for higher education institutions to consider: the Financial Responsibility Supplemental Schedule (FRSS) and common Uniform Guidance compliance issues. We will walk through the FRSS, with a look at the main objectives of the FRSS and common challenges for institutions. We’ll also review how to recalculate a FRSS schedule and eZ-Audit submission inputs from audited financial statements.

Then we’ll discuss key Uniform Guidance compliance updates for 2023 and how to apply these concepts to your Single Audit preparation process. You will learn best practices to apply to your Uniform Guidance preparation process to mitigate the potential for Single Audit findings.

Learning objectives:

Identify the main objectives of the FRSS, common challenges, and how you can address those challenges at your institution
Recalculate a sample FRSS schedule and eZ-Audit submission inputs from audited financial statements
Describe key Uniform Guidance compliance updates for 2023
Apply best practices to your institution’s Uniform Guidance preparation process

Brad Garrett, Director | Higher Education Finance, Ziegler

(CPE: Specialized Knowledge)

Funding capital projects is a constant consideration for nonprofit institutions of higher education. Let’s discuss available funding alternatives, trends impacting methods of funding, relevant processes, and various pros and cons for administration leaders to consider. This will be a collaborative and interactive discussion to equip finance officers with relevant knowledge they can use to craft comprehensive funding solutions to accommodate cash flows, promote financial health, and help deliver on institutional mission.

Learning objectives:

Recognize the impact of leveraging the capital markets as a funding solution
Identify trends in capital markets impacting nonprofit institutions of higher education
Assess how capital markets can add value to a properly planned “Plan of Finance” (in isolation or paired with other funding solutions)
Analyze all considerations when leveraging capital markets as a method of funding (timing, sweat equity, costs, security, risks/benefits, ongoing administration)

Ted R. Batson, Jr., Partner, Tax Counsel, and Professional Practice Leader – Tax, CapinCrouse LLP
Chris Purnell, Partner and Tax Counsel, CapinCrouse LLP

(CPE: Taxes)

We live in a constantly evolving tax landscape. In this session, we will summarize the most important tax developments for higher education institutions, with a look at what lies ahead in 2023.

Learning objectives:

Identify recent tax changes that directly impact higher education institutions and the broader exempt organization community
Evaluate how recent IRS pronouncements, court cases, and other changes will affect your institution
Determine what your institution might need to do to prepare for the future