Services for the Education Sector

Audit and Assurance Services

  • Financial statement audits, reviews, compilations and other attest services
  • OMB Circular A-133 audits (student financial aid and other major programs)
  • 403(b) plan audits
  • New accounting standards assistance
  • Audit preparation services
  • General business consulting
  • NCAA agreed-upon procedures
  • Compliance audits (RACP, DCED)
  • Internal controls assessments
  • Accounting policy review
  • Review of financial reports and tax compliance matters related to endowments and investment portfolios
  • Program profitability studies
  • Bond offering services (taxable and tax-exempt)

Internal Audit and Risk Advisory Services

  • Outsourcing and strategic sourcing
  • Compliance review
  • Fraud risk assessment
  • Process and control optimization
  • Risk assessments
  • Data mining
  • Quality assurance review
  • IT audits
  • Information security

Tax Services

Compliance Matters

  • Form 990 and 990-T preparation and review
  • Analysis of uncertain income tax positions
  • Unrelated business income
  • Joint ventures and partnership reporting
  • Supporting organizations
  • Substantiation of charitable contributions
  • State and local tax exemption and compliance
  • Charitable solicitation registration
  • Foreign investment reporting
  • Non-resident alien reporting
  • Federal tax audits

Governance and Policy Tax Matters

  • Conflict-of-interest policy and management
  • Fringe benefits and compensation matters
  • Board education
  • Intermediate sanctions

Auxiliary and Investment Activities

  • Unrelated business income activities
  • Alternative investment compliance
  • Joint ventures
  • Shared service agreements
  • For-profit subsidiaries
  • Corporate restructuring
  • Transaction analysis

State and Local Tax Matters

  • Sales and use tax compliance review
  • Sales and use tax refund review
  • Uncertain income tax position compliance
  • Realty exemption challenges
  • Legislative assistance

Technology Services

  • Software implementation and support focused on higher education solutions (experience with Banner, Datatel, Jenzabar, Oracle, J.D. Edwards, Lawson, Ellucian, Great Plains and more)
  • Software selection services
  • Disaster recovery and business continuity planning
  • Productivity and process improvement
  • Project management
  • Data warehouse implementation
  • IT strategic planning
  • Implementation of budget management solutions
  • Information security risk assessment review
  • Information technology governance
  • PCI compliance
  • Cyber security assessments (penetration testing, vulnerability scanning, social engineering, infrastructure assessments and firewall vulnerability assessments)

Business Advisory Services

Schneider Downs Wealth Management Advisors

Schneider Downs Staffing

case studies

 
big problem:
Ransomware attack halted a global manufacturer's operations.
big thinking:
Recover and secure the system – fast – save $1 million in ransom.
 
big problem:
A not-for-profit client out of 401(k) compliance.
big thinking:
Allowing more contributions by highly paid employees.

our thoughts on

2019 Compliance Supplement
Possible Tax Ramifications of Robert F. Smith’s Student Loan Payoff
Exempt private schools offered new option to display nondiscriminatory policy
Income Share Agreements - The next step in higher education affordability?
2019 Compliance Supplement

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contact us

Map of Pittsburgh Office
Pittsburgh

One PPG Place, Suite 1700
Pittsburgh, PA 15222

contactsd@schneiderdowns.com
p:412.261.3644     f:412.261.4876

Map of Columbus Office
Columbus

65 East State Street, Suite 2000
Columbus, OH 43215

contactsd@schneiderdowns.com
p:614.621.4060     f:614.621.4062

Map of Columbus Office
Washington, D.C.

1660 International Drive, Suite 600
McLean, VA 22102