Cutting through the clutter of compliance – how boards can enhance institutional compliance with an objective review

Baker Tilly recently partnered with the Association for Governing Boards of Universities and Colleges (AGB) on a webinar about institutional compliance.

With federal, state and local laws as well as institutional and system policy compliance requirements, institutions of higher education face increasingly complex compliance demands. Many colleges and universities have recently implemented or expanded a dedicated compliance office, function and/or program, while others are working to mature their existing compliance programs to gain effectiveness and consistency across a decentralized organization. The board can play a critical role in supporting compliance through exercising appropriate oversight and accountability and ensuring the institution’s compliance program is appropriately resourced and adequately designed to manage the institution’s compliance risks.

In this session, we walk through the compliance program assessment process and discuss case studies of its practical application and benefits for colleges, universities and their boards.

Key takeaways

• Understand the key elements (e.g., structures, processes, key activities) and benefits of performing a compliance program assessment
• Discuss compliance risks in higher education and how the board can support compliance through appropriate oversight, accountability and resourcing
• Learn how to leverage the results of a compliance program assessment within the organization’s risk management framework to provide value to institutional stakeholders

Presenters and subject matter specialists

• Ashley Deihr, CPA, CIA, CFE, Principal, Higher Education Practice, Baker Tilly
• Terra DuBois, JD, CCEP, Chief Compliance, Ethics and Privacy Officer, University of Florida