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Patrick Kerns

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Moody’s Downgrades Higher Education

Just a few weeks ago, Moody’s was an outlier among the major rating agencies by rating debt associated with higher education institutions with an

What do your vendors think about your timeliness of payments?

In the age of social media and the seeming need to share everything about anything, including a picture of your lunch, a start-up, Levelset, has launched

Can RPAs Help Higher Education?

Higher education remains one of the most heavily regulated areas of commerce. As a result, the volume of administrative burden can be significant, and

2019 Compliance Supplement

The Office of Management and Budget (OMB) has continued its overhaul of the 2019 Compliance Supplement, and after a significant delay, the final document

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2019 Compliance Supplement

The Office of Management and Budget (OMB) continues to overhaul the Compliance Supplement and has delayed issuing the draft to focus on these items: Requiring

Department of Education "Raises a Warning Flag" on Student Debt

In a recent speech at the Federal Student Aid Training Conference in Atlanta, U.S. Secretary of Education Betsy DeVos warned that the growth of student

Private Companies Rejoice - VIE Rules are Changing for the Better

The Financial Accounting Standards Board (FASB) recently released one of the most anticipated changes to accounting guidance for variable interest entities

Shale Gas Generates Some Real Savings For Industrial and Commercial Consumers

A study from the University of Pennsylvania’s Kleinman Center for Energy Policy titled “Pennsylvania’s Gas Decade: Insights into Consumer

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Postcard from EACUBO

Day one of the annual meeting of the Eastern Association of College and University Business Officers brought together more than 450 individuals to discuss

Using the Composite Financial Index as a Self-Benchmarking Tool

The Composite Financial Index (CFI), which was developed for use by institutions of higher education, is a very effective tool for self-benchmarking. While

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