Compliance & Risk Assessment

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Preparing higher education institutions with comprehensive risk assessments for federal audits

Compliance and Risk Assessment

Over the past several years, compliance with federal regulations covering sponsored agreements has become a critical issue for universities and other recipients of federal grants. Recent federal audits have resulted in large monetary settlements at a significant number of institutions. The growing complexity and volume of federal regulations (e.g., 2 CFR) further complicates your efforts to comply.

In response to this challenge, MAXIMUS offers the comprehensive Compliance/Risk Assessments (C/RA) to help you ensure full adherence with federal regulations. Our evaluations cover ten of the most cited issues of non-compliance:

  • Direct charging
  • Effort certification
  • Cost transfers
  • Institution-wide compliance monitoring
  • Service/recharge centers
  • Sub-recipient monitoring
  • Cost sharing/matching
  • Program income
  • Financial reporting, closeout and procurement
  • Budget revisions

In addition to the prevention of adverse monetary settlements, our C/RA program offers a number of significant and immediate benefits to our clients:


  • Inclusion of major areas identified as high-risk during federal reviews and office of inspector general audit lists
  • Determination of whether institutional policies, procedures and practices meet federal regulations (2 CFR) and agency-specific requirements

A Systemic Approach

  • Independent and objective appraisal of institutional compliance
  • Detailed work plan overseen by experienced professionals, including 170+ evaluation items


  • Complete report detailing areas of full compliance and areas for improvement
  • Quantifiable measurement via an overall numeric compliance ranking
  • Presentation of findings and specific recommendations to institutional managers

Fast and Confidential Results

Most estimated project life cycles are just four to eight weeks from initial receipt of materials to final report issuance, so MAXIMUS understands the need for fast and confidential results. We use proprietary assessment forms and a streamlined approach to create further efficiencies and expedite project completion and all results are held in the strictest confidence. Now is the time to let MAXIMUS help you identify and resolve issues before you are contacted for a major audit.