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Colleges and Universities
Colleges and universities are facing the daunting task of adapting to a rapidly changing educational environment, while continuing to achieve their critical operational objectives. Issues that complicate matters for both public and private institutions include demographic shifts, increased tuition discounts, historic endowment losses and heightened accountability expectations to participate in government programs. We understand the pivotal decisions that institutions must make to address these and future challenges, while also fulfilling their commitment to students and faculty.
We develop specialized solutions to the emerging issues our higher education clients face, such as financial projections and operations to board training, tax compliance, alternative investments and endowment valuation. Our professionals work with hundreds of colleges and universities nationally, building a deep understanding of how to help you overcome challenges and accomplish your mission and goals.
Most Popular Insights
INSIGHT ARTICLE
10 questions every board should ask of its athletics department
Learn key questions a college or university should ask to help mitigate the risks and potential reputational harm from a corruption scandal.
TAX ALERT
HEERF grants not required to be reported on Form 1098-T
The IRS provides welcome guidance to higher education institutions that made emergency relief grants to students.
TAX ALERT
IRS addresses taxability of higher education grants to students
The IRS issued FAQs surrounding the federal income tax consequences to students receiving emergency financial aid grants under the CARES Act
TAX ALERT
IRS releases electronic Form 1023
The IRS released the electronic Form 1023 and guidance for mandatory use of the online application, effective February 1, 2020
INSIGHT ARTICLE
NCAA opens the door to name, image and likeness compensation
With the NCAA opening the door to name, image and likeness compensation, there are several key considerations for schools and athletes.
ARTICLE
Best practices in athletics compliance for athletics directors
Due to recent scandals in college athletics, colleges and universities face new risks that require scrutiny of their compliance programs.
WHITE PAPER
Changes to revenue recognition for not-for-profit organizations
A white paper about how entities in the not-for-profit industry may be affected by the new revenue recognition guidance in ASC 606.
ARTICLE
Managing lease accounting for public and private higher education
Colleges and universities must adjust to the new level of judgments and estimates required under ASC 842 and GASB 87 lease accounting.
INSIGHT ARTICLE
IRS to issue guidance on private colleges and universities excise tax
The IRS released Notice 2018-55 concerning the investment income calculation for private colleges and universities.
CASE STUDY
Cost avoidance sets the tone for growth
RSM’s cost avoidance strategy and construction audit helped the University of Central Florida realize potential and real cost savings.
CASE STUDY
RSM helps Texas Tech save $325,000 now and even more in the future
This case study shows how RSM helped Texas Tech save now and even more in the future by conducting a construction audit.
How can we help you?
To discuss how our team can help your organization, contact us by phone 800.274.3978 or