The new audit guidelines have brought about a multitude of obstacles for secondary education leaders and auditors alike. McClintock & Associates Director, Mike Wherry recently co-presented a webinar on the “New Audit Guidelines for Higher Educational Institutions alongside Aaron Lacey of Thompson Coburn. The webinar provides the need to know information and details for all within the Secondary Education Industry. Use this link to watch the webinar.
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If you’re getting a sense of déjà vu, you’re probably not alone, as more coronavirus relief programs with some familiar names are top of mind for higher education institutions. That does not, however, mean the provisions behind the programs will remain the same. On January 14, 2021, the U.S. Department...
During 2020, the Higher Education Emergency Relief Fund (HEERF), included as part of the wide-ranging CARES Act, provided a lifeline to institutions of higher education and their students. As the policy and requirements for both the student and institutional grants evolved over the year, schools were required to post regular...
On December 27, 2020, the Consolidated Appropriation Act, 2021 (Act) was signed into law which includes relief funds for the COVID-19 pandemic. This Act is hopefully going to provide continued relief to individuals and our economy. The Act’s relief provisions included $81.88 billion for the Education Stabilization Fund and $23...
