March 2022 marked two years since the first confirmed COVID-19 case in the United States. At that time, it was unclear whether COVID-19 would last a few weeks or a few months. Unfortunately, battling the novel coronavirus has lasted over two years and it appears the...
Turbulent Times for Higher Education Enrollment in America’s colleges and universities fell again in spring 2022. Enrollment declines have persisted since spring 2018 and the declines have only steepened. In spring 2022, total postsecondary enrollment fell by 4.1...
GASB Statement No. 96: Subscription-Based Information Technology Arrangements GASB issued Statement No. 96 in May 2020. The statement takes effect for fiscal years beginning after June 15, 2022 (June 30, 2023, and December 31, 2023 year-ends). Understanding SBITAs...
As of July 31, 2024, new subscribers can choose between QuickBooks® Online (QBO) and QuickBooks® Enterprise. Existing subscribers will still be able to renew their QuickBooks® Desktop Pro and Premier subscriptions, but these options are no longer available to new...
In its April 2024 meeting, the Governmental Accounting Standards Board (GASB) approved the issuance of Statement No. 103 regarding changes to the financial reporting model. The new standard will revise and build upon the requirements in GASB Statement No. 34. The...
