iSession | Strategic Asset Management of Real Property, and Moveable Equipment for Financial Reporting Purposes

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Description

Encore | A Series of Annual Meeting iSessions

We will discuss current Financial Reporting Standards for Asset Management and Financial Reporting purposes. College/Universities and Medical Centers are facing many challenges with their pre- and post-COVID-19 asset management and financial reporting requirements. We will have an interactive dialog to review and discuss these matters for a go forward basis.

Learning Objectives:

Attendees will have a better understanding of challenges and solutions for asset management and financial reporting requirements that they can share with their colleagues when they return to their institution.
Attendees will have a better understanding of best practices for asset management and financial reporting of their real property and moveable equipment.

Knowledge Level: Intermediate

Individual Registration:	Group Registration:
Member Rate: $99	Member/Non-Member Rate: $350
Chapter/Non-Member Rate: $165
Register online or submit the Individual Registration Form.	Submit the Group Registration Form. Group Registration is not available online.

Contributors

Kevin McHugh, Vice President, Maximus Higher Education Consulting

Kevin J. McHugh is a Vice President with Maximus's Higher Education Consulting Practice based in Northbrook, IL. Kevin is the National Practice Leader for Maximus's Asset Management & Valuation Services Practice and has more than 35 years of dedicated experience within the Higher Education, Academic Medical Center/Healthcare, Federal and State and Local Government communities throughout the United States.

Mr. McHugh brings more than 35 years of asset management and valuation consulting experience within these market sectors, and focuses on Public/Private Partnerships, Infrastructure Valuation Studies (utilities, airport, roads, bridges, railways, tunnels, etc.), Building Componentization/Fixed Equipment Inventories, Moveable Equipment Inventories, Physical Space Inventories, Asset Lifing Reviews and Analysis and Fixed Asset Policies and Procedures Reviews and Recommendations. Additional professional service offerings include Fixed Asset Inventory Costing/Reconciliation and Valuation Studies, Real and Personal Property Valuation Studies, Insurance Valuation Studies and Fixed Asset Outsourcing Services.

Mr. McHugh specializes in assisting clients to manage their financial reporting, asset stewardship and compliance requirements for various reporting standards as promulgated by: the Office of Management and Budget (OMB); Governmental Accounting Standards Board (GASB); Financial Accounting Standards Board (FASB), and the Federal Accounting Standards Advisory Board (FASAB). Prior to joining Maximus Higher Education Consulting, Mr. McHugh was a Managing Director with Navigant Consulting and a Senior Vice President and National Managing Director with American Appraisal Associates.

Mr. McHugh currently serves as a Task Force Member/Technical Advisor to the Governmental Accounting Standards Board (GASB) and the Federal Accounting Standards Advisory Board (FASAB) and is a frequent speaker on various valuation/property management topics for numerous professional organizations throughout the United States, including:
» Federal Accounting Standards Advisory Board (FASAB) Task Force Member on Public/Private Partnerships,
Valuation of Federal Government Land, and Deferred Maintenance.
» American Society of Appraisers (ASA)
» National Association of College and University Business Officers (NACUBO)
» National Association of State Comptrollers, Auditors and Treasurers (NASACT)
» Governmental Accounting Standards Board, Task Force Member (GASB)
» American Society of Military Comptrollers (ASMC)
» Association of Government Accountants (recognized as one of AGA’s “Top 100 Forward Thinking Executives” in
Government Financial Management) (AGA)
» Society of Research Administrators International (SRAI)
» Government Finance Officers Association (GFOA)
» International Management Association of Accountants (IMA)
» National Council of University Research Administrators (NCURA)

Thank you

Description

Contributors

Kevin McHugh, Vice President, Maximus Higher Education Consulting