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News & Brews with James Moore & Company is a monthly series discussing the latest in the business of collegiate athletics. We will discuss topics like name image likeness, updates to NCAA financial reporting, your financial story and more. Join us the second Thursday of each month at 4:30 pm Eastern time (1:30 pm Pacific) as we have a beer (brew) and discuss the latest developments (news) that affect your athletics program! It’s part of our firm’s continued commitment to share knowledge, build trust and bring value to the collegiate athletic professionals.
Episodes
Thursday Jun 18, 2020
S1:E10: COVID-19 Which Line is it Anyway? FAQ’s for NCAA Financial Reporting
Thursday Jun 18, 2020
Thursday Jun 18, 2020
Collegiate athletics business offices often battle news headlines that don't provide a complete and accurate story—making strategic and proactive financial communication extremely important.
Today on News & Brews, Ken and Katie are joined by their teammates Brendan and Shane for a special segment of News & Brews that we’re calling “Which Line is it Anyway?” Our collegiate athletics CPAs will share some of the frequently asked questions they’ve researched with the NCAA on behalf of clients over the years. The timing of this segment should help schools as they prepare for year-end financial reporting.
Learn more about James Moore Collegiate Athletics Services Team: https://www.jmco.com/industries/collegiate-athletics/
Podcast Topics
00:10 - Welcome & Introductions
00:33 - Background on NCAA Membership Financial Reporting System
02:08 - Guarantees on canceled games
02:45 - Internal loans for operations
03:39 - Conference distributions
04:57 - Executive compensation excise tax
06:18 - Contract buyouts
08:26 - Sponsorship agreements
09:12 - Brews of the week
11:12 - Wrap-up