Business Details
50+ Years
experience
Trusted Compliance Audit Services for Educational Institutions
Founded in 1975, McClintock & Associates has dedicated over five decades to transforming complex compliance challenges into clear, actionable solutions for postsecondary educational institutions. Our team of seasoned professionals, including 10 financial aid veterans and 7 Certified Financial Aid Administrators (FAAC), brings firsthand institutional experience to every engagement. We specialize in Title IV compliance audits, financial statement audits, and single audit services, leveraging our deep industry expertise to deliver customized strategies that align with evolving regulatory landscapes.With a commitment to year-round proactive planning, we help institutions navigate federal funding requirements, mitigate risks, and maintain focus on their core mission of student success. Our 98% client satisfaction rate reflects our dedication to efficiency, transparency, and client-centric service, ensuring minimal disruption to institutional operations while maximizing compliance confidence.
Services
Title IV Compliance Audits
Financial Statement Audits
Single Audit Services
Acquisitions & Due Diligence
Year-Round Compliance Planning
Details
- Year established: 1975
Highlights and features
- 50+ years of specialized experience in educational institution compliance
- 7 Certified Financial Aid Administrators (FAAC) on staff
- Year-round proactive regulatory planning and tracking
- 98% client satisfaction rate with audit and compliance services
- Custom-built 90/10 compliance model with audit-ready reporting
What people say
True game changer
Efficient and accommodating
Best audit I have ever been part of
Pleasure to work with
Accurate and easy to follow
Services
Title IV Compliance Audits
Specialized compliance audits for educational institutions participating in Federal Student Aid programs. Our team conducts comprehensive evaluations of Title IV compliance, identifies risk areas, and provides actionable recommendations. With 50+ years of experience and 150+ audits annually, we help institutions maintain regulatory compliance while focusing on student success.
Financial Statement Audits
Tailored audit services for for-profit educational institutions. We deliver efficient projects with customized compliance strategies, including composite score projections and 90/10 rule calculations. Our process minimizes institutional disruption while ensuring GAAP compliance and accurate financial reporting for stakeholders and regulatory bodies.
Single Audit Services
Comprehensive single audit services for institutions expending over $750,000 in federal funds. Our experts conduct financial statement audits, federal awards compliance reviews, and internal control assessments. We ensure proper use of federal funds and prepare clear reports for federal oversight bodies, with specialized knowledge of postsecondary education requirements.
Acquisitions & Due Diligence
Due diligence services for higher education mergers and acquisitions. We identify critical risks, project balance sheet ratios, and evaluate financial compliance for transactions totaling billions of dollars. Our team coordinates testing with other advisors and provides strategic guidance for ownership transitions in the education sector.
Year-Round Compliance Planning
Proactive compliance strategies tracking evolving Title IV regulations. We provide ongoing guidance to help institutions stay ahead of regulatory changes, with customized solutions for financial aid compliance, audit preparation, and risk management throughout the fiscal year.
People
Dave McClintock
Managing Director
CPA with extensive experience in educational institution audits, providing strategic leadership for compliance services and audit process improvements over multiple decades in the accounting profession.
Michael T. Wherry
Director of Financial Services
CPA specializing in financial services for educational institutions, with deep expertise in audit processes and regulatory compliance strategies for postsecondary education providers.
Gregory Rinderle
Director of Compliance
Compliance expert overseeing audit teams, ensuring adherence to federal regulations while delivering practical solutions for educational institutions' financial aid and operational challenges.
Chris Albecker
Senior Manager
CPA and 90/10 compliance specialist with nearly two decades of experience, developing audit-ready models and providing expert guidance on federal funding regulations for proprietary institutions.
Bruce M. McClintock
Founder
Established the firm in 1975 with a vision to specialize in educational institution audits, creating a legacy of compliance expertise that continues through the firm's current leadership team.
Questions
What compliance services do you offer for educational institutions?
We provide Title IV compliance audits, financial statement audits, single audit services, and year-round regulatory planning tailored to for-profit, nonprofit, and higher education institutions.
How do you help schools with the 90/10 rule compliance?
Our custom-built 90/10 calculation model simplifies compliance with audit-ready reporting, built-in error checks, and EZ-Audit submission support for proprietary institutions.
What experience do you have with federal student aid regulations?
With 50+ years of specialization and 150+ audits annually, our team includes 7 Certified Financial Aid Administrators (FAAC) who track Title IV changes year-round.
Do you offer services for institutional mergers and acquisitions?
Yes, we provide due diligence services for higher education transactions, including risk assessment, balance sheet projections, and compliance evaluations for billions in cumulative transactions.
How do you support institutions during audit processes?
Our proven process minimizes disruption with 'batteries included' teams that speak your language from day one, delivering efficient audits while helping schools focus on students.
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