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