Services for the Education Sector

Audit and Assurance Services

  • Financial statement audits, reviews, compilations and other attest services
  • OMB Uniform Guidance Audit (student financial aid, research and development, USDA loans and other major programs)
  • 403(b) and 401(a) plan audits and compliance assistance
  • New accounting standards assistance
  • Accounting advisory services 
  • 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)
  • Data analytics

Internal Audit and Risk Advisory Services

  • Enterprise risk management
  • Third party (vendor) risk management
  • 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)
  • GDPR compliance 
  • HIPPA compliance
  • FERPA compliance
  • PCI compliance
  • Data visualization and KPIs
  • Data warehouse selection, readiness and implementation
  • Robotic process automation readiness and implementation
  • simpLEASE
  • Software selection services
  • Disaster recovery and business continuity planning
  • Productivity and process improvement
  • Project management
  • IT strategic planning
  • Implementation of budget management solutions
  • Information security risk assessment review
  • Information technology governance
  • Cyber security assessments (penetration testing, vulnerability scanning, social engineering, infrastructure assessments and firewall vulnerability assessments) 

Business Advisory Services

  • Due diligence services
  • Merger and acquisition advisory
  • Executive compensation review and benchmarking

Schneider Downs Wealth Management Advisors

Schneider Downs Staffing

case studies

 
Ransomware attack halted a global manufacturer's operations.
big problem:
Ransomware attack halted a global manufacturer's operations.
big thinking:
Recover and secure the system – fast – save $1 million in ransom.
 
High tax burden for family-owned franchisor.
big problem:
High tax burden for family-owned franchisor.
big thinking:
Comprehensive planning for a 15% tax reduction.

our thoughts on

OMB Relief for Recipients of Federal Financial Assistance Due to COVID-19
Resources for Not-for-Profits to Manage Cash Flow during the Coronavirus Pandemic
Moody’s Downgrades Higher Education
Student Loan Discharge
Judge Hands Down Longest Sentence to Date in College Admissions Scandal

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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 Washington Office
Washington, D.C.

1660 International Drive, Suite 600
McLean, VA 22102