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IPD provides a variety of financial services related to the ongoing operation of educational programs. The finance and accounting services are administered by highly qualified staff through a combination of on-site and centralized operations. The leadership consists of credentialed directors with an average experience in the industry exceeding 15 years. Assistance is provided in the following areas:
- Creating and maintaining student account ledgers in an advanced database management system.
- Collecting student account balances with excellent receivable management and results.
- Comprehensive financial reporting and analysis at the micro and macro levels that is compliant with current accounting principles and regulations.
- Analyzing operational data and process flow with effective strategy development and implementation.
- Forecasting and budget consulting that is accurate and insightful for strategic planning purposes.
- Leased facility consulting for space and related asset management, including legal expertise.
The compliance department is comprised of the foremost experts on non-term, Title IV processing methodology. The team remains current on new regulations, while analyzing the impact on processing operations, making them uniquely qualified to identify and address potential compliance issues. The services range from regulatory research to issue resolution, and are tailored to meet a partner institution's needs. Some areas of service include the following:
- Researching and consulting Title IV regulations, including position papers with applicable regulatory citations.
- Creating and reviewing policies.
- Reviewing processes and developing or improving strategies while emphasizing system and administrative capabilities.
- Training a partner institution's staff on current regulations while emphasizing the pertinent impact on non-term methodology.
- Performing internal audits and reviews based on partner institution's needs.
- Developing audit responses and strategic resolutions of related findings.
- Reviewing and reconstructing files.
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