Compliance
Records curing and reconciliation of financial aid related transactions
Dr. Jim Todd pioneered a records curing process for colleges and universities in the southwest during the early 1970s. That process has become a model for resolving program review and audit deficiencies. Todd & Associates (T&A) has refined the reconstruction and reprocessing of records in a manner that significantly reduces liabilities and captures funds that might otherwise be lost.
T&A has expanded this records curing and reconciliation process to cover a variety of conditions that could cause an organization to suffer serious financial losses involving millions of dollars. Some of the conditions that may suggest a need for a records curing and recovery project include:
- Program review or audit identified potential liabilities for record keeping deficiencies.
- Major changes in federal, state or local financial systems with reconciliation issues that need to be addressed.
- Major changes in technology application and records management systems that include data conversion and operational issues.
- Major changes in the organization's personnel responsible for student financing related records management.
T&A’s 22-year successful history and extensive knowledge of regulations and guidelines involved in the administration of student enrollment programs makes a significant contribution to the successful outcome of a project. The Firm’s “A-Team” of seasoned professionals has completed projects of all sizes, shapes and conditions, often in record time.