
Higher Education Audit and Assurance Best Practices / Benchmarking Studies Board and Audit Committee Constituent Relationship Management (CRM) Construction Project Risk Management Enterprise Risk Management Financial Modeling and Decision Support Financial Ratios / Benchmarking Forensic Accounting and Fraud Investigations Information Technology and Data Privacy Internal Audit Regulatory Compliance Sponsored Research Compliance Strategy and Finance Tax

Regulatory compliance

Baker Tilly has developed extensive capabilities to assist higher education and research institutions in complying with Federal, state, and agency regulations as well as donor and self-imposed restrictions.

We have worked with offices of general counsel, audit and compliance, research, finance, information systems, and information privacy and security, to name a few.

Our team deploys deep knowledge of Federal and agency-imposed regulations, including:

Office of Management and Budget (OMB) Circulars
American Recovery and Reinvestment Act (ARRA) requirements
Federal Acquisition Regulation (FAR)
Cost Accounting Standards (CAS)
National Collegiate Athletic Association (NCAA) rules
Export controls requirements
Human and animal subjects research requirements
Conflicts of interest requirements

Client experience: Resolving NCAA compliance issues
Institutional challenge A university suspected non-compliance with National Collegiate Athletic Association regulations for certain expenditures. The university faced strict reporting deadlines to the NCAA on its compliance which, if not met, could have resulted in the forfeiture of a number of games for two of its major athletic programs, as well as long-term probation and monetary fines. Capabilities provided Leveraging our knowledge of the most recent NCAA guidelines and the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control – Integrated Framework, we collaborated with key university operational and compliance personnel to assess current policies and procedures. We then conducted a comprehensive audit of certain expenses for a four-year period. Results The university was able to evaluate and report on the scope of non-compliance and create a remediation plan. With Baker Tilly’s assistance, the university was able to provide the NCAA with a timely and comprehensive report detailing our independent assessment of the scope of any non-compliance and remediation plans. As a result, the NCAA was satisfied with the university’s actions and did not take any punitive actions against the university or its athletes.
Additional regulatory compliance capabilities
Compliance modeling and projections Compliance monitoring and training Compliance program development Compliance risk assessments Regulatory compliance consulting Sponsored research compliance