Follow

Articles by Matthew McClintock, CPA

Prorating Institutional Charges? What, When, and How?

By Matthew McClintock, CPA February 12, 2019

Confusion as to whether charges for books, supplies, kits and other related goods and services should be prorated has been an ongoing issue for years in the post-secondary education industry.  The Department of Education has provided the following wording in response to the confusion.  “The determining factor in whether the...