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.
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.
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.
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.
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.
CASE STUDY
Royalty review nets over $1 million in lost revenue for university
An investigation into licensing contracts nets over $1 million in underpaid royalties for a university and reveals new revenue streams.
INSIGHT ARTICLE
Federal grants management update: Understanding new guidelines
The federal government implemented several significant changes to grants management regulations that are only seen once in a generation.
VIDEO
Evaluating your fundraising campaign risks
RSM security professionals discuss what controls can be implemented to help protect your institution - and donors.
VIDEO
Building fundraising campaigns from the ground up
From capital improvements to scholarships, fundraising is a critical component in building the future of an institution.
VIDEO
Leveraging systems and technology for fundraising success
RSM technology consultants share insights on how technology can help improve the effectiveness of your fundraising campaigns.
INSIGHT ARTICLE
Modernizing the finance function in nonprofit organizations
RSM technology and management consulting specialists share insights about the transformation of the finance function.
INSIGHT ARTICLE
Not-for-profits: Important changes ahead
Learn more about the key elements of the FASB’s new financial statement presentation requirements for not-for-profits.
WHITE PAPER
Disclosure requirements for tax-exempt organizations
Important disclosure rules of which a tax-exempt organization’s management and board of directors need to be aware.
CASE STUDY
Understanding the financial impact of academic programs
Learn how a university leveraged a margin analysis strategy to understand academic program financial contributions.
CASE STUDY
University financial system integration spans technology services
A university utilized RSM’s diverse services to implement an integrated technology platform, increasing automation, capacity and efficiency.
INSIGHT ARTICLE
Higher education: You’re already a data breach target
Higher education organizations should address data security and privacy issues now to offset debilitating damages later.
CASE STUDY
QlikView improves productivity, data quality and decision making for EICC
Eastern Iowa Community College gains visibility into student, faculty and course information and on-demand data analysis with QlikView implementation.
INSIGHT ARTICLE
Federal government increases focus on crime awareness requirements
The federal government has increased their focus on ensuring colleges and universities are in compliance with crime awareness requirements.
INSIGHT ARTICLE
Audit committee guide for nonprofit organizations
Audit committee roles and responsibilities are under increased scrutiny following financial compliance reporting incidents in recent years.
How can we help you?
To discuss how our team can help your organization, contact us by phone 800.274.3978 or
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