Four recent and proposed changes in national school accounting standards have significant policy implications for colleges and universities. These changes address (1) standards regarding postemployment benefits other than pensions, (2) depreciation, (3) financial report format, and (4) contributions and pledges made to the school. Governing boards…

Questions and answers by the Association of American Universities address some issues in the complex matter of indirect costs for research projects, including the different kinds of costs, federal treatment of them, the federal indirect cost system, cost allocation, the memorandum of understanding, variation among institutions' costs, and cost…

A chapter from the "Handbook of College and University Trusteeship" is excerpted, including a discussion of college financial statements and fund accounting. Three matters pertinent to fund accounting are described: transfers between funds, unrestricted and restricted funds, and expendable and unexpendable funds. (Author/MLW)