Experts in higher education administration and management predict that 2015 will bring intense and sometimes surprising governance, financial and legal challenges to the sea of potential worries for university leaders. A few critical issues that will bubble to the surface involve financial health, academic performance, student wellness and continuity in leadership. Creating financial sustainability Answering […]

The Governmental Accounting Standards Board (GASB) voted unanimously in March to implement GASB Statement No. 68, Accounting and Financial Reporting for Pensions. This accounting standard modifies existing financial reporting requirments as well as establishes new ones for governmental entities—including public colleges and universities—that participate in defined benefit pension plans. GASB 68 dramatically changes the way […]

When it became clear that the scientific equipment in hundreds of labs across the University of Pittsburgh campus was not being maintained effectively, professionals in the university procurement department began looking for a new provider to do the job. The university had long relied on a purchasing cooperative to secure favorable contracts with vendors for […]