Higher Education

Collaborative + Innovative + Invested = Value

The math is simple. We are easy to work with. We bring new ideas to the table….and we focus on delivering value. All of this is possible because we care deeply about the impact we make with our clients. When you place your trust in us, we take it personally.

Our Higher Education Practice is part of our largest dedicated industry sector group in the Firm and includes over 40 full-time professionals. Our clients include public and private universities, colleges and related ancillary enterprises and foundations.

Our clients have come to depend on our extensive knowledge of finance, accounting, regulatory and operational matters to assist with understanding issues and developing practicable, effective and sustainable solutions.

 

Thought Leadership Participation

We demonstrate our commitment to the higher education industry and our clients through our involvement in various higher education related organizations, many of which our people have served in leadership positions related to Higher Education organizations. By keeping abreast of the latest industry trends and developments, our professionals speak your language and understand your perspective. Listed below are some of the higher education organizations we are active with:

  • National Association of College and University Business Officers (NACUBO)
  • Eastern Association of College and university Business Officers (EACUBO)
  • Association of College and University Auditors (ACUA)

 

Your Needs + Our Services = Results

We are exceptionally versatile and our service delivery model is focused on value. We frequently identify revenue and/or cost improvements that oftentimes pay for our services multiple times over.

Our services range from traditional compliance services to a wide range of advisory services spanning the needs of the organization (administrative, academic, athletic and auxiliary).

 

Our Services

Assurance, Accounting & Internal Control

  • Independent audit of financial statements, including Uniform Guidance, grants/awards contracts, benefit plans, and other.
  • Internal audit outsource / co-source / augmentation
  • Continuous audit procedures
  • Fraud prevention and investigation
  • Agreed upon procedures
  • SOC 1 and SOC 2 examinations
  • PCI compliance examinations
  • Regulatory Compliance Support (FERPA/HIPAA/Export Controls/Gramm-Leach-Bliley Act/Bayh-Dole Act/Title IV and Title IX Compliance/NCAA Compliance Auditing/Clery Act Compliance/Environmental Health & Safety Compliance Reviews)
  • Transaction due diligence support
  • SOX/SOX-lite – internal control design assessments, documentation, and testing
  • Control gap analysis and remediation assistance

Financial / Strategy / Operations

  • Business intelligence solutions
  • Data analytics
  • Forensic, litigation and dispute support
  • Financial projections, forecasting feasibility studies
  • Reorganization and turnaround support
  • Project management
  • Cost segregation – construction management support
  • Business and financial process effectiveness and efficiency reviews (Six Sigma/Lean)
  • Enterprise Risk Management program development support

Exempt Tax & UBIT

  • 2018 tax reform impact analysis and response
  • Tax return preparation / review services (Form 990, 990T, NYS CHAR 500, Form 1120, 1120-S, 1041, 1065 etc.)
  • Unrelated business income tax minimization strategies
  • International tax consulting (FBAR Compliance and expat consulting, and other)
  • Tangible property regulations consulting

Information Technology / Cybersecurity

  • Cyber security risk assessment
  • Penetration and Vulnerability Testing
  • Social Engineering
  • PCI Compliance
  • IT systems control review (ITGC) /
  • Strategic information technology planning
  • Information Technology systems selection and implementation
  • Project management quality assurance
  • Disaster recovery / Business continuity planning
  • Vendor risk management assessments, surveys and response