Menu

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

10 questions every board should ask of its athletics department

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.

IRS updates Higher Education Emergency Grant FAQs

TAX ALERT

IRS updates Higher Education Emergency Grant FAQs

Expanded FAQs further clarify that institutions do not report grant funds paid to students, and students do not include amounts in income.

  • Alexandra Mitchell, Morgan Souza
  • |
  • March 31, 2021
American Rescue Plan Act provisions affecting exempt organizations

TAX ALERT

American Rescue Plan Act provisions affecting exempt organizations

The American Rescue Plan Act of 2021 extends and expands support for exempt organizations affected by the coronavirus pandemic.

  • Alexandra Mitchell, Morgan Souza
  • |
  • March 17, 2021
HEERF grants not required to be reported on Form 1098-T

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.

  • Alexandra Mitchell, Morgan Souza
  • |
  • December 15, 2020
IRS addresses taxability of higher education 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

  • Alexandra Mitchell, Morgan Souza, Julia Barlow
  • |
  • May 08, 2020
IRS releases electronic Form 1023

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

  • Alexandra Mitchell, Morgan Souza
  • |
  • January 31, 2020
NCAA opens the door to name, image and likeness compensation

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.

  • Lisa Barringer, Arthur J. Dykes, Ron Nahass
  • |
  • December 13, 2019

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.

  • Greg Naviloff , Ron Nahass, Matt Twomey
  • |
  • October 25, 2019

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.

  • Susan Stewart, Peter Berns, Julia Amstutz
  • |
  • August 16, 2019

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.

  • September 11, 2018

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.

  • February 14, 2017