COVID-19 Coverage : See how the pandemic is impacting the world of higher education.
Access the Business Officer Magazine menu by clicking or touching here.
Business Officer Magazine logo, click or touch this logo to return to the homepageClick or touch the Business Officer Magazine logo to return to the homepage.
Get back to the Business Officer Magazine homepage by clicking the logo.


May 2019

Arrivas Is NACUBO 2019 Accounting Award Recipient

NACUBO’s 2019 Daniel D. Robinson Accounting Award recipient is Peggy Arrivas, associate vice president and systemwide controller for the University of California (UC). The award recognizes individuals who demonstrate leadership and a continuous commitment to the advancement of college and university accounting and reporting. 

Arrivas has volunteered for NACUBO for more than eight years and was a member of the Accounting Principles Council (APC) for six years, serving as chair in 2015. She currently represents NACUBO on the Governmental Accounting Standards Advisory Council (GASAC), a role she has held since 2017. As a member of both GASAC and APC, she has advised the Governmental Accounting Standards Board on technical issues that affect higher education and has successfully advocated on behalf of NACUBO on topics that impact public colleges and universities. 

Through tireless participation in numerous field tests of accounting standards, Arrivas has positively influenced final accounting and reporting guidance. She has also helped many business officers understand technical issues and practical solutions as a speaker and facilitator at NACUBO professional development events. 

In her current position with UC, Arrivas is responsible for the development and implementation of accounting and financial policies for the university and its 10 campuses, medical centers, retirement system, the Lawrence Berkeley National Laboratory, and campus foundations. She is also currently serving as the university’s interim director of capital asset strategies.

Exceedingly respected in her field, Arrivas has been asked to serve on many committees, including the UC retiree health benefits working group; the steering committee for UCPath, the University of California’s priority program to implement a single payroll, benefits, and academic personnel solution; UC’s joint ventures with the Department of Energy’s Los Alamos National Laboratory, N.M., and Lawrence Livermore National Laboratory, Livermore, Calif.; and the Thirty Meter Telescope and W.M. Keck Observatory in Hawaii. 

Arrivas is also a mentor for the East Bay College Fund, a nonprofit organization that works with public school students from low-income families and communities with historically low college attendance rates from the Oakland, Calif., area and provides them with college access services, scholarships, mentoring, college counseling, and life skills training.

On-Demand Webcasts

To learn the latest in higher education accounting and hear an update on tax reform’s effect on the higher education landscape, consider viewing one of these on-demand webcasts. 

Higher education accounting. The 2019 Higher Education Accounting Forum, held April 14–16 in Philadelphia, offered advanced-level accounting and finance professionals the latest information on trends and best practices in financial accounting and reporting, managerial analysis, and leadership issues for all types of institutions. 

Even if you were unable to attend the forum or view the real-time broadcasts, you can still purchase a bundle of the following session recordings: 

Tax reform compliance. Tax practitioners continue to debate compliance approaches to several provisions of the Tax Cuts and Jobs Act (TCJA). During this webcast—Pulse Check: Complying With Tax Reform on Campus—tax professionals from both public and private universities addressed how their institutions have approached tax reform compliance. Topics included the new tax on parking and transit benefits, the “basketing requirement” to report unrelated business income by activity, and the new taxes on executive compensation and net investment income. Speakers also commented on ways further legislative or regulatory action may—or may not—shift the landscape.

To view on-demand recordings or to register for upcoming webcasts, visit the NACUBO website and click “Conferences & E-Learning” and then click “E-Learning.” 

Professional Development