Baker Tilly compliance experts presented an understanding of effective compliance programs within a higher education setting and the knowledge to conduct internal audits of many key federal regulatory compliance areas. The presenters covered a variety of topics, including:
Each topic covered the governing rules, common risks, typical controls, audit approaches, and common findings. They discussed real-life examples of compliance audits performed, as well as lead discussions among attendees related to challenges or suggestions learned from audits at institutions with which the faculty have worked.
Key takeaways included:
Below are resources providing additional detail on the topics above.