- Speaking Hosting
- Presentation Slides: Updates to the Financial Responsibility Ratio Requirements
- Recording: Updates to the Financial Responsibility Ratio Requirements
The calculation used to determine your institution’s financial responsibility composite score is changing. As a result, it’s possible your score could change. If a new score means your institution fails the standard, there are implications. This session will go through the changes within the calculation, the new requirements of the supplemental schedule, and how you can prepare.
- Interpret the changes to the calculation for the composite score and explain how they will impact your institution’s results
- Recognize the need to prepare for the inclusion of a required supplemental schedule to be disclosed in the fiscal year 2020 financial statements