In today’s complex education and business environment, standard service providers offering standard solutions will likely not meet the specific requirements of postsecondary education institutions. Knowledge of ongoing trends in postsecondary education markets, of current requirements and regulations in connection with institutional participation in federal financial assistance programs, accrediting commissions, and relevant licensing agencies is critical to providing meaningful services. Almich & Associates is continuously involved with post-secondary education markets nationwide, as well as interfacing with all regulatory entities relevant to educational institutions. As a result, we constantly update our engagement services to reflect current requirements and changes in regulation.
The partners of Almich & Associates have over 100 combined years of experience in the post-secondary education sector. We specialize in auditing and consulting for higher education institutions for compliance with annual audits, student financial assistance, and other government regulatory requirements. Our services include annual institutional audits and special attestations as required by the U.S. Department of Education (ED), acquisitions and merger diligence and advisement, tax structuring, planning and compliance, and sector operational and marketing benchmarking.
Almich & Associates is a member of the Career Education College and Universities (CECU) and California Association of Private Postsecondary Schools (CAPPS).
Over our Firm’s history, we have been engaged in numerous special projects, including:
- Liability settlements with ED resulting from due diligence and self-reporting of findings
- Special attestation projects in connection with ED, OIG, or change-of-control requirements
- 90/10 compliance requirements
- Financial and student financial aid due diligence projects representing buyers and sellers of educational institutions
Our firm also has significant experience handling various issues associated with Federal and state program review responses and the performance of necessary attestation engagements as may be required by ED.