Program Review & Audits
Program Review, Annual Audits, and the Ability to Prevent Institutional Concerns from Turning into Audit Findings
Our 12+ years worth of experiences with Program Review requirements have made our work valid for testing by legal experts. We have provided concise and compliant documentation that, when contracted to perform, was completed at a level that provided for a legal opinion, an complete analytical review of process, and the ability to use our documentation to resolve audit findings as such to ensure continued compliance by the institutions under review.
We have a broad knowledge base and have a team of reviewers that are capable of handling all aspects of FSA Title IV and Accreditation compliance issues, and as such, we have been able to resolve many concerns with the interpretation of facts and figures within the education industry.
Our expertise comes from our extensive firsthand non-compliance experience, from having designed numerous comprehensive corrective action plans and preventive procedural systems, and, from having helped institutions implement new policies and procedurers, or the refining of current administrative issues. Our ability to identify the root of these issues have identified internal infractions, that when corrected, have prevented investigations or compliance reviews.
Additionally, our team includes an individual with considerable experience in operating compliance systems on campus.
Our team can assist your institution as it prepares for the requirements of:
- An annual FSA audit;
- The reaccreditation and self-study certification process by providing an outside, independent assessment of your institution's compliance with the operating principles on which accreditation is based;
- An assessment your academic policies related to administrative capability with the published C.F.R. requirements including the ability for our team to make practical recommendations to elevate your compliance
- Responding to a program review final determination letter that allows for continued participation with the FSA Title IV programs necessary for the health of the institution.
These experiences have allowed our team of reviewers to get to the heart of issues that require multiple department assistance and cover aspects of the business model that may seen unrelated at first. After many years in the field working through the changes imposed by the U.S. Department of Education, our reviews and compliance work have been instrumental in its ability lead staff through the maze of materials, institution process issues, and, the changes in management controls that could have led to lapses in control.
It is through these dedicated efforts that our review team is able to clearly communicate their interpreted results of the work performed for our clients.
Our consulting work functions like forensic accountants for the financial aid process, and our thorough understanding of the requirements that financial aid auditors must follow and enforce, we are able to prevent small departmental based issues from becoming an encompassing compliance issue with the US Dept. of ED or the OIG.
In past 5 years, we have reviewed more than 20 institutions and have been involved in several reconstruction of records proceedings resulting from program reviews, and have been instrumental in the materials preparations for appeals of decisions in non-compliant infractions cases. In addition we work closely with institutional managment when, after all available evidence has been reviewed and obtained, an alleged issue of non-compliance is not supported, we report is as such and support our conclusion. When an alleged violation is proven, we help the institution identify ways to enhance it's rules education and monitoring programs to ensure that the violation is not repeated.
This is the TRUE value of our services.
We pride ourselves in being good at working with people, business systems, and multiple financial aid computer programs. Above all we represent you, our client partner, with a service that is of the highest standards of integrity.