2023 Fall Workshop | Concurrent Sessions 2

November 2, 2023 | 10:50 AM–11:40 AM

Accounting Track 2 | Current GASB Projects and Potential Impacts on Higher Ed

Accounting (Governmental) - Technical: 1 CPE Credit

Description

This session will provide an update on the current status of GASB projects which include Financial Reporting Model, Revenue and Expense Recognition, Certain Risk Disclosures, Going Concern Uncertainties and Severe Financial Stress, Classification of Nonfinancial Assets, and Infrastructure Assets. This session will also highlight the potential impacts that those projects may have on public institutions of higher education.

Learning Objectives

1. Understand the key tentative decisions related to the topics covered by the ongoing projects. 2. Analyze the impacts of those proposals on public institutions of higher education.

Speakers

Scott Anderson, Director, Government & Public Sector, Cherry Bekaert

A licensed Certified Public Accountant in Florida and North Carolina, Scott has served the Firm’s clients since 2005. He primarily provides audit and advisory services to the public sector. Scott was a GASB Practice Fellow from 2020 to 2022, returning to Cherry Bekaert with vast experience in financial standard setting and was on the forefront of evolving standards. Scott’s involvement provides clients with unique insights and access to future developments.

As a Director with the Firm’s Assurance practice, and as the firm's public sector Technical Director, Scott advises clients and audit teams in all phases of financial reporting. He oversees engagement planning, performance of audit tests and report writing. Clients have sought Scott’s knowledge in expertise on current technical developments in government accounting.

Scott has extensive experience with Uniform Grant Guidance and the audit requirements of the governments in the states of Virginia, North Carolina, and Florida. He has instructed at a number of external conferences and seminars, representing both the firm and the GASB, and webinars sponsored by the Firm on various technical GASB topics. In addition, Scott has served as an internal training instructor for the Firm’s Audit University for several years. He also served on the Government Finance Officers Association Special Review Committee for several years, reviewing and providing feedback on annual financial statements from local governments from all over the United States.

Concurrent Session 2A | REPEAT: Building a Resilient Workforce - Why VISION Matters

Personnel/Human Resources: 1 CPE Credit

Description

This is the story of UHCL's quest to renew its Professional Development offerings into something more deliberate and purposeful. The pandemic brought forth many challenges, but at times, it also gifted us with the opportunity to become more aware. While change and uncertainty was at an all-time high, UHCL observed the employee experience and saw that there was a need to change the focus of their development. This was Step 1 - being honest about the work ahead and understanding our 'why'. Through years of observations and discussions, multiple levels of the university worked together to identify developmental needs at all levels of the university. Beyond the identification of the needs, it was important to understand the value of providing these developmental opportunities to staff. This was Step 2 - understanding the 'what'. Step 3 was committing to the vision and being a champion for learning and growth. As of November 2022, we have launched two formal Professional Development programs focused on building and strengthening Core Competencies and job-related skills - both of which have been met with excitement and at times, have had the max enrollment allowed. We are proud of the work we've done, but understand we have only just begun.While all of the new programming is exciting, it all begins with vision and a belief in the work we do. Truly connecting with our purpose will help us lead the way forward.

Learning Objectives

Learn how to embed a program/framework (ex: KornFerry Leadership Architect) into a purposeful training and development plan.
Learn how to use your Training and Development team as a Strategic Growth Partner.
Branding and Marketing tips for your Training programs.

Speakers

Esther Herrera, Senior Manager, Training and Development, University of Houston-Clear Lake

Esther Herrera joined the world of Higher Education four years ago. Prior to joining the University of Houston-Clear Lake, Esther spent 18+ years serving at a $1+ billion financial institution in various roles, with the majority of her tenure leading the Training & Development team. During that time, Esther helped formalize the Learning & Development department, create an Annual Training Day for a staff of 300+, built multiple training programs, and served as the institution's first Vice President of Learning and Development.Since joining UHCL in 2019, Esther has worked diligently with campus leaders to build a strategic growth plan for staff and has successfully designed and implemented two large-scale training programs called ASCEND and Hawk Power Hour. She rebuilt the New Hire Orientation program to include various campus partners and as of today, the demand to join the list of presenters is high and has resulted in the need to build a waiting list. Today, UHCL's Training and Development brand stands strong on campus and is a trusted partner in the growth of team members.Esther holds undergraduate degrees from UHCL in Management & Marketing, an MBA with a concentration in Leadership, and is currently pursuing her Doctoral Degree in Educational Leadership with a focus on Curriculum and Instruction.Growing up, all Esther desired to do was teach. She is grateful to have built a career serving others through her passion.

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Concurrent Session 2B | REPEAT: Lessons Learned from ERP Implementation

Computer Software & Applications: 1 CPE Credit

Description

This session will provide a panel discussion on lessons learned during ERP implementations from a finance and academic perspective transitioning to Workday and Oracle. Topics will include implementation process considerations, organizational readiness, campus training and education, what worked well, and post implementation lessons learned.

Learning Objectives

Understanding important considerations for success in developing and managing your project timeline alongside other campus priorities.
Identification of staffing, reporting, and campus training needs for your project with strategies to mitigate these risk factors.
Post implementation lessons learned for improved project effectiveness.

Speakers

Tim Judd, Vice President for Finance and Operations/CFO, Campbellsville University

Tim Judd serves as Vice President for Finance and Operations / Chief Financial Officer at Campbellsville University. He is in his 22nd year with the University. Mr. Judd has a master's of business administration and bachelor of business administration with accounting emphasis from Campbellsville University. He is a Certified Public Accountant licensed in Kentucky. His professional career has been with Campbellsville University serving as staff accountant, senior accountant, controller, and associate vice president for finance prior to his current position. He is currently a member of the small institution's constituent committee for SACUBO.

Eric Leal, Associate Dean for Budget and Administration, American University

Eric Leal is the Associate Dean for Budget and Administration in the College of Arts and Sciences (CAS) at American University. He is a senior advisor to the Dean and CAS leadership, directs the day-to-day financial and administrative operations, and leads and directs the strategic management, decision-making, and policy-setting for the college.

Stacey Matthews, Vice President of Business Services and CFO, Flagler College

Stacey has over 22 years in higher education currently serving as the Vice President of Business Services and Chief Financial Officer at Flagler College. She was previously the Controller and Director Budgets and Tax Compliance at Flagler College. In addition, she served as Business Officer at St. Barnabas Episcopal School and Director of Budgets and Investments at Stetson University. She has a masters degree in accounting and bachelors in accounting from the University of Alabama at Birmingham.

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Session 2C | REPEAT: Transforming Together: Creating a Culture of Investing in Our People

Personnel/Human Resources: 1 CPE Credit

Description

In this time of high turnover, quiet quitting, and recruitment struggles, learn how one Finance division created structures and programs to develop and engage our employees without additional funding. We will discuss the activities we used to gather inclusive input built on our division's shared goals, core values, and appreciation for understanding ourselves and our colleagues. We embarked on key initiatives as a result, focused on creating a divisional culture that leads to retention. During this session we will outline the creation and outcomes of programs such as our Living the Values Campaign, the Finance Friday speaker series, a Quarterly Progress Report and virtual lunches. Finally, we will share techniques and examples of ways to provide professional growth and development opportunities to retain existing employees.

Learning Objectives

Apply strategies to create a cultural shift for improved employee engagement, leading to retention (history, purpose, and implementation strategies).
Define the need and why behind employee engagement initiatives.
Identify program structures that support employee engagement and connection.

Speakers

Emily Moran, Associate Controller, University of Florida

As the Director of the Controller's Office Center for Excellence at the University of Florida, Emily is responsible for leading a team designed to achieve strategic goals of the University Controller. Emily's role includes training, innovation, data, proactive fiscal analysis, and implementation of efficient processes. She also coordinates professional development opportunities for the Finance & Accounting Division and collaborates with campus partners to better serve the university community. Emily is passionate about designing engaging training, innovative processes, and creative resources to make accounting efficient and un-intimidating for non-accountants. Emily holds a Masters from Florida Atlantic University in Accounting. Outside of the office, she is committed to spending time with her husband and their three children, preferably outdoors or in a bookstore.

Rachel Victoria, Administrative Specialist III, University of Florida

Rachel oversees divisional operations for the AVP of Finance for the University of Florida (UF) Enterprise. She focuses on the executive-level advising and campus collaboration, partnering closely with stakeholders to foster an engaging environment where employees can collectively shape their future. Rachel is passionate about projects surrounding talent management, culture, and community building. She thrives on identifying solutions and growth opportunities for employees, leading high-impact initiatives to create an extraordinary future for the University.

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Session 2D | REPEAT: FAFSA Simplification Act & Its Impact on Institutions

Specialized Knowledge: 1 CPE Credit

Description

Significant changes to federal student aid policies, including simplifying the Free Application for Federal Student Aid (FAFSA) form, expanding Pell Grant eligibility to incarcerated students, and making changes to the Cost of Attendance and Professional Judgements were attached to the FAFSA Simplification Act. This session will outline those changes, implementation dates, and anticipated changes to current practices on campus. Panelists will review changes that will impact college and university business offices and examine the institutional partnerships necessary to navigate those changes.

Learning Objectives

Outline the changes implemented in the FAFSA Simplification Act.
Discuss anticipated changes and implementation dates.
Analyze changes impacting college business offices and explore essential institutional partnerships to navigate them

Speakers

Brad Barnett, Past National Chair of NASFAA, Associate Vice President for Access and Enrollment Management & Financial Aid Director, James Madison University

Brad Barnett, MS, AFCÂ®, CPFM, FAACÂ®, is an accredited financial counselor and certified personal financial manager who works as the associate vice president for access and enrollment management/director of financial aid and scholarships at James Madison University in Harrisonburg, Virginia. With over two decades of experience in the financial aid profession, Brad has been active in state, regional, and national financial aid associations as a presenter, committee member/chair, and elected officer. A past president of VASFAA (Virginia) and the Southern Association of Student Financial Aid Administrators (SASFAA) , he has also served NASFAA in various roles, including as treasurer, conference chair, Standards of Excellence (SOE) reviewer, SOE assessment leader, and a member of the Financial Affairs Committee. Brad has been honored for his work by receiving the VASFAA Lifetime Membership Award, VAFSAA Excellence Award, SASFAA Distinguished Service Award, and NASFAA Regional Leadership Award. In addition to his financial aid activities, Brad teaches personal finance courses (online and in person) at JMU and provides financial counseling services on a professional basis outside of his role with JMU.

Katie Conrad, Senior Associate Director of Financial Aid, Florida International University

Katie Conrad is the Sr. Associate Director of Financial Aid at Florida International University in Miami, Florida, a position she has held since August of 2016. Her previous positions include Director of Financial Aid at Midway University in Midway, Kentucky, and Associate Director of Student Financial Aid at Miami University in Oxford, Ohio. Katie holds a Bachelor of Arts Degree in Business Administration from Transylvania University, and a Master of Science Degree in Social and Philosophical Studies in Education from the University of Kentucky. She has earned the Certified Financial Aid Administrator designation (FAAC). Katie is currently the SASFAA Vice President for Training. During her 22 years in the Financial Aid profession, Katie has served in many leadership positions within her state and regional financial aid associations. She has a passion for education, life-long learning, and promotes educational access and success. Katie enjoys the warm Florida sunshine and scuba diving with her husband, Bill, and their 16-year-old daughter, Sam.