Accounting Support for Higher Education
- Outsourced Accounting: Cherry Bekaert’s Outsourced Accounting Services are uniquely tailored to meet the needs of organizations looking to improve efficiency, reduce costs and focus on core operations. By outsourcing your accounting to an experienced team of professionals, you will have access to specialized industry-specific knowledge, advanced technologies, and compliance support for regulatory requirements.
- Co-Sourced Accounting: Cherry Bekaert’s Government & Public Sector Accounting Advisory team provides a comprehensive NFP Accounting-as-a-Service offering that helps organizations overcome staffing and technical challenges.
- Recruiting & Staffing: Our industry-focused recruiting professionals specialize in offering comprehensive Recruiting & Staffing Solutions that cater to nonprofit organizations’ diverse needs within finance and accounting, human resources, and information technology.
Audit & Assurance for Higher Education
In an environment of falling revenues, tightening budgets, and increasingly complex compliance restrictions, it is important to have the right nonprofit accountant providing the proper technical guidance, reducing the demands on higher education staff, and allowing entities to focus on their constituents. Cherry Bekaert’s team provides innovative and effective audit, assurance, and attestation services.
- Financial & Compliance Audits
- Employee Benefit Plan Audits
- Endowment & UPMIFA Compliance
- NCAA Agreed-Upon Procedures
- Risk Assurance & Internal Controls
- Uniform Grant Guidance (UGG) Audits & Data Collection Forms
- Form 990 Preparation
- Applications for Exempt Status
- State Filings
Cyber Security Services for Higher Education
As educational institutions digitalize their processes, the threat of ransomware attacks and data breaches increases. Never has the protection of an organization’s data been more important, and the threats against it more present. Cyber breaches not only affect an organization’s finances, but they can impact operations, make it harder to measure results, and perhaps, more importantly, damage an organization’s reputation. Cherry Bekaert assists clients in identifying relevant cybersecurity risks and developing realistic solutions and plans to help minimize the likelihood and impact of systems and data being compromised. These services include:
Tax Compliance and Planning Services for Higher Education
Cherry Bekaert provides thoughtful and proactive tax compliance and consulting solutions to help colleges and universities operate in the complex, rapidly evolving risk environment they face.
Our Nonprofit Tax team helps our higher education clients plan and execute tax strategies based on industry regulations and best practices to help enhance their ability to achieve their missions.
