July 2, 2020 - A portion of the CARES Act provided additional COVID-19 relief for higher education institutions through the Fund for the Improvement of Postsecondary Education (FIPSE). Here’s what your institution should know about accessing and using the funds.
Author Archives for Christopher DuKate
About Christopher DuKate
Chris, a Principal at CapinCrouse, has more than 14 years of experience providing auditing, accounting, and consulting services for nonprofit and higher education clients. He has worked extensively with a variety of nonprofit clients, including social service organizations, foundations, museums, sport and membership associations, and colleges and universities. Chris has significant experience performing audits in accordance with Uniform Guidance and has led many consulting projects in both the nonprofit and governmental industries.
Updates to the borrower defense rules will require an additional supplemental schedule in higher education institutions’ audited financial statements. They also change how the financial responsibility scores are calculated. Here’s what to know and start planning for.