Rules and regulations around COVID-19-related funding are continually changing the accounting and reporting landscape for higher education institutions. To help you navigate the current environment and the months ahead, we’ve packaged a resource-rich guide for higher ed institutions.
Higher education: COVID-19/CARES Act guidance includes commonly asked questions and key guidance on the Families First Coronavirus Response and CARES Acts federal funding and impacts including:
- FICA
- HEERF: - Student and Institutional
- CRF & PRF funds
- PPP
- Reporting:
- Department of Education
- Financial Statement Treatment
- Single Audit Treatment
Drawing on our team’s deep expertise and the firm’s 50-plus years of serving public universities, private colleges, community colleges, and related foundations, the Higher education: COVID-19/CARES Act guidance also includes important links and resources for further information. Let us know if you have questions.
