Higher Education
Helping colleges, universities, foundations, and endowments manage complex reporting, governance, funding, and financial oversight.
Who We Serve
Navigating Higher Education Finance
Higher education institutions operate in an increasingly complex environment shaped by evolving regulations, funding pressures, enrollment trends, technology risks, and growing stakeholder expectations. DMJPS helps public and private colleges, universities, affiliated foundations, and supporting organizations navigate these challenges with practical audit, tax, accounting, and advisory services.
Our professionals understand the financial, operational, and governance structures unique to higher education. We work closely with institutional leadership, governing boards, audit committees, and finance teams to support compliance, strengthen internal controls, manage risk, and improve decision-making through timely financial insight.
Where Higher Education Finance Gets More Complex
With extensive experience serving educational institutions and related foundations, endowments, and giving organizations, we help clients maintain accountability while positioning resources to support long-term institutional goals.
Reporting & Governance
Higher education leaders, finance teams, boards, and audit committees need clear financial information to support oversight and decision-making. DMJPS helps institutions strengthen reporting, transparency, and governance practices.
Endowments & Foundations
Affiliated foundations, endowments, and giving organizations introduce additional accounting, investment reporting, tax, and oversight considerations. Our professionals help institutions manage these responsibilities within the broader financial picture.
Grants & Federal Funding
Grant-funded programs can bring detailed reporting, compliance, and audit requirements. We help institutions address grant administration, Single Audit requirements, and other obligations tied to federal and state funding.
Risk, Controls & Operations
Strong internal controls and well-designed processes help institutions manage financial and operational risk. DMJPS works with leadership teams to assess controls, review processes, identify risk, and improve organizational effectiveness.
Services for Higher Education
Higher education organizations often need support that spans financial reporting, tax compliance, governance, grants, investments, and institutional operations. DMJPS works with colleges, universities, foundations, and related organizations across each of these areas.
Institutional Advisory
Our advisory work supports institutions with business process improvement, cost reporting and analysis, grant compliance, endowment and investment reporting, internal audit services, internal control assessments, organizational reviews, and risk assessments. The goal is to give leadership clearer information and stronger processes for managing complex institutional operations.
Services include:
- Business process improvement
- Cost reporting and analysis
- Endowment and investment reporting support
- Grant compliance and reporting
- Internal audit services
- Internal control assessments
- Organizational and operational reviews
- Risk assessments
Tax & Compliance
DMJPS helps higher education organizations manage tax compliance and reporting, including Form 990 and Form 990-T preparation, Form 5500 filings, foreign filing requirements, tax compliance reviews, and unrelated business income tax guidance. Our team helps institutions understand how these obligations fit within their broader financial and organizational structure.
Services include:
- Foreign filing requirements
- Form 990 and Form 990-T preparation
- Form 5500 filings
- Tax compliance reviews
- Unrelated business income tax (UBIT) guidance
Audit & Assurance
Our higher education audit and assurance services include financial statement and endowment audits, employee benefit plan audits, regulatory and agreed-upon procedures engagements, and Single Audits under Uniform Guidance. We work with leadership, boards, and finance teams to support reliable reporting, accountability, and compliance with applicable requirements.
Services include:
- Employee benefit plan audits
- Endowment audits
- Financial statement audits
- Regulatory and agreed-upon procedures engagements
- Single Audits under Uniform Guidance
Our People
Meet Our Higher Education Team
Our professionals work with institutional leaders, finance teams, boards, foundations, and supporting organizations on the financial and compliance issues that affect higher education.
Meet the DMJPS higher education team or contact us to talk about your institution’s audit, tax, accounting, or advisory needs.
Industry Experience
From construction and manufacturing to healthcare and real estate, see how we help organizations across North Carolina and surrounding states.
Keep Exploring
See our full range of services and learn how DMJPS can support your business through changing needs and new opportunities.
Helpful Resources
Explore helpful resources, tools, and updates from the DMJPS team to help you stay informed and plan ahead.