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Resources for Not-for-Profits to Manage Cash Flow during the Coronavirus Pandemic

Learn more about the resources for not-for-profits to manage cash flow during the coronavirus pandemic.

Moody’s Downgrades Higher Education

Learn how Higher Education institutions are affected by COVID-19 and what they should do in light of this uncertainty.

Student Loan Discharge

Recently, the Internal Revenue Service (IRS) issued guidance to certain taxpayers with federal or private student loans acquired to finance attendance

Judge Hands Down Longest Sentence to Date in College Admissions Scandal

On February 7, a federal judge in Boston issued the most severe verdict yet to a parent involved in Operation Varsity Blues, the college admissions scandal
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Tax-Exempt Organizations Receiving an Increased Number of IRS Notices

Within the past month, we’ve seen a significant number of tax-exempt organizations receive notices from the IRS for a multitude of reasons, many

Your Institution Received a Gramm-Leach-Bliley Act Finding in 2019 – Now What?

The Gramm-Leach-Bliley Act (GLBA) is a federal ruling that applies to all entities that collect consumer financial data, including institutions of higher

Changes to the Financial Responsibility Ratio

The U.S. Department of Education (ED) finalized borrower defense rules on September 23, 2019, establishing new regulations that will have a significant

Recertification of PA Act 153 Clearances

It’s quickly approaching the time for the recertification of Pennsylvania Act 153 clearances. Clearances are valid for 5 years. Act 153 took effect
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Conducting an ERM Evaluation

Institutions of higher education face a number of challenges in today’s highly competitive business and social climate: reputational risk, obsolescence,

Operation Varsity Blues and Internal Audit

When news broke regarding the college admissions scandal back in March, I couldn’t help but think: where were the internal auditors? Thirty-three
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