Higher Education Services

PRIMARY CONTACTS: John C. Null CPA, Patrick F. Kerns CPA

The Schneider Downs Higher Education industry group is a dedicated team of experienced professionals specializing in serving institutions from high schools to universities.

As one of the largest premier regional accounting and advisory firms serving public and private K-12, colleges and universities, our integrated service delivery ensures that our professionals can offer timely and practical solutions to help institutions meet their operational and compliance needs.

Our professionals know that financial and operational challenges are among the top concerns for higher education institutions. They face demands from all levels, while possibly dealing with reduced funding, pressures from the community and Board of Trustees and the challenge of remaining accountable to all parties. By staying abreast of the latest trends, developments and challenges within the education sector, we offer timely and practical solutions to our clients.

We work with a variety of unique educational institutions in the sector, including public colleges and universities, liberal arts schools and faith-based entities, and we always take the time to understand the history, mission, people and stakeholders of each institution we serve.

Higher Education Services

Audit and Assurance

Services include 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, NCAA agreed-upon procedures, compliance audits (RACP, DCED), review of financial reports and tax compliance matters related to endowments and investment portfolios, program profitability studies and bond offering services (taxable and tax-exempt). Learn more

Tax Advisory
 
  • Tax Compliance – Services include Form 990 and 990-T preparation and review, State and local tax exemption and compliance, charitable solicitation registration, Federal tax audits, FBAR filing analysis, international tax issues association with study abroad programs and compensation and benefits design review.
  • Tax Governance and Policy – Services include conflict-of-interest policy and management, fringe benefits and compensation matters, board education and intermediate sanctions.
  • Auxiliary and Investment Activities – Services include unrelated business income activities, alternative investment compliance, joint ventures, transaction analysis and for-profit subsidiaries. 
Technology and Data
 

Services include software implementation and support focused on higher education solutions (experience with Banner, Datatel, Jenzabar, Oracle, J.D. Edwards, Lawson, Ellucian, Great Plains and more), disaster recovery and business continuity planning, cybersecurity assessments (penetration testing, vulnerability scanning, social engineering, infrastructure assessments and firewall vulnerability assessments) and more. Learn more

Additional Higher Education Services

 

        Higher Education Industry Resources

About Schneider Downs Industry Groups

Schneider Downs recognizes that every industry is different, often presenting unique challenges that require individualized insight, innovation and experience. Our experience in these industries is enhanced through participation in focus groups, which address the characteristics that make these industries unique.  

For more information on additional industries we serve please visit l7.3belleswithbows.com/industries or contact us at [email protected].  

case studies
 
                                    Company impacted by ransomware.
big problem:
Company impacted by ransomware.
big thinking:
Restore system on-site and avoid six-figure ransom.
 
                                    Inefficient tax credit realization.
big problem:
Inefficient tax credit realization.
big thinking:
Identified a $900,000 tax credit, nearly twice as much as prior years.
our thoughts on

SEC Adopts Final Climate Disclosure Rules

Learn more about the SEC's final climate-related disclosure rules and what public companies will need to do moving forward.

read more >

Proposed Bipartisan Tax Plan Released – Overview of the Tax Relief for American Families and Workers Act of 2024

Learn more about the proposed Tax Relief for American Families and Workers Act of 2024 and the highlights included within the Act.

read more >

Understanding CA SB 261: The Greenhouse Gases: Climate-Related Financial Risk Act

Learn more about what public and private companies need to know about CA SB 261, the Greenhouse Gases: Climate-Related Financial Risk Act.

read more >

Tis the Season: Unwrapping the Top Holiday Scams of 2023

Learn about some of the top online scams circulating this holiday season.

read more >

Fraud Week 2023: Frauds of the Rich and the Famous

Learn more about ACFE International Fraud Week and explore famous fraud cases including FTX and the Fyre Festival.

read more >

2024 Cost-of-Living Adjustments for Retirement Plans and IRAs

Learn more about the 2024 cost-of-living-adjustments for retirement plans and IRAs.

read more >

Think Before You Click: Fake Browser Updates are Back in Style

Learn more about the resurgence of one of the oldest malware attack methods in the book: the fake browser update.

read more >

The SEC ‘Names Rule’: Unpacking the Impacts to ESG Funds

Learn more about the impact of the SEC's amendment to the Investment Company Act of 1940 on ESG naming conventions.

read more >

Cybersecurity Awareness Month Celebrates 20 Years

Explore our latest security awareness materials in support of Cybersecurity Awareness Month.

read more >

How LinkedIn and a Phone Call Led to the Massive MGM Ransomware Attack

Learn how social engineering and vishing led to the massive ransomware attack halting operations at MGM Resorts and Casinos.

read more >

Climate Corporate Data Act – What to Know About California SB 253

Learn more about the impact of CA SB 253 – Climate Corporate Data Accountability Act.

read more >

20 Pre-Contract Questions To Ask Your Next SOC 2 Audit Firm

Review some of the top questions to ask prospective audit firms before signing for a SOC 2 audit.

read more >

Five Tax Considerations for Start-up Companies

Read more about five of the most important tax considerations startups often overlook.

read more >

School Yourself on Common Student Loan Cyber Scams

Learn about common cyber scams targeting those impacted by the federal student loan pause ending and pending forgiveness plan ruling.

read more >

Six Common Lease Accounting Adoption Mistakes... and How to Avoid Them

Learn about six common mistakes organizations make when adopting the ASC 842 lease accounting standard.

read more >

SDWMA Thoughts on Silicon Valley Bank

Learn more about the Silicon Valley Bank collapse and why SDWMA embraces diversification.

read more >

Digital Transformation and The Construction Industry: Digital Workflows

Learn about the benefits that digital workflows present to the construction industry.

read more >

SECURE 2.0 Act of 2022: Key Highlights

Learn more about key highlights and provisions of the SECURE 2.0 Act.

read more >

Resolve to Prevent or Detect Financial Statement Fraud in the New Year

Recognize these red flags to prevent financial statement fraud in the new year!

read more >

Buyer Beware: Five Common Holiday Scams of 2022

Protect your wallet and information this holiday season by avoiding these five common cyber scams targeting online shoppers.

read more >
contact us

This site uses cookies to ensure that we give you the best user experience. Cookies assist in navigation, analyzing traffic and in our marketing efforts as described in our Privacy Policy.

×