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USBE to publish FY26 chart of accounts; UCIMS transition and indirect-cost trainings announced
Summary
USBE financial reporting staff previewed FY26 chart-of-accounts changes tied to NCES updates, new program codes for recently authorized programs, and the move from UPEFS to UCIMS with API connections to major finance vendors. Two indirect-cost trainings were announced for August and November.
John Palmer, USBE—s financial reporting manager, summarized FY26 chart-of-accounts work and the agency—s multi-year transition from UPEFS to UCIMS for financial reporting.
Chart of accounts and NCES changes Palmer said the National Center for Education Statistics (NCES) is updating account definitions for FY26 and USBE will post a finalized FY26 chart of accounts soon. Changes are expected to be minimal—new account definitions and a few new accounts to match NCES revisions. USBE…
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