Stephen Bastardi
- Partner
Location: Anaheim, CA
Stephen Bastardi has more than 25 years of experience working with clients from a variety of industries and backgrounds. He has developed specialization in support services for closely held businesses, manufacturing, institutions of higher education, employee benefit plans, and non-profit organizations. Stephen provides accounting, tax and consulting services to business clients as well as individual clients based on a wide range of knowledge and experience.
Areas of Specialty
Government audits
- OMB A-133 Single Audit
- Student Financial Assistance (SFA) Compliance Audit
- Governmental/Yellow Book Audit
Financial projections and budgeting
Internal control consulting
- Implementation
- Process Improvement
- COSO Framework
Financial statements
Education
California State University, Fullerton
Fullerton, CA
Bachelor of Arts, Business Administration
Accounting Emphasis
University of La Verne
La Verne, CA
Master of Business Administration
Professional Associations & Activities
- American Institute of Certified Public Accountants
- California Society of Certified Public Accountants
Other Professional Licenses and certifications
- Chartered Global Management Accountant (CGMA)
Published Articles
Beware of Untimely or Incorrect G5 Expenditures Reporting
Untimely or incorrect G5 expenditures reporting have an effect on students, financial aid offices, business offices, and bursars’ offices.
Modified Audit Opinion? You’re Not Alone.
A modified audit opinion for your institution of higher learning offers the opportunity to improve efforts on operations, financial reporting, compliance.
The Role of Entrance and Exit Counseling in Financial Literacy
Whether first time borrowers, withdrawn students or graduating students, follow through on required entrance and exit counseling can be challenging.
Watch Out for Student Credit Balance Deficiencies
Student credit balance deficiencies may be the result of payments from Title IV program funds, personal funds, private loans, and institutional grants.
Pell Grant Calculations Can be Confusing
Pell Grant over/under payments are caused by using incorrect formulas, overall incorrect calculations, and errors regarding changes in enrollment status.
The Top 5 Verification Violations and What You Can Do About It
Verification violations include missing documentation and income tax transcripts; untaxed income not verified; and, conflicting data unresolved.
Return of Title IV Funds Made Late? You’re Not Alone.
Many institutions of higher learning are having trouble returning Title IV funds (R2T4) within the allowable time frame.
The Challenge of Calculating the Return of Title IV Funds
Title IV financial aid allocated for a student who later withdraws should be returned. Typically, financial aid must be returned within 45 days of withdrawal.
Are You Filing Your NSLDS Rosters Timely?
One of the top 10 audit findings for institutions of higher learning is inaccurate or untimely reporting of NSLDS rosters.
Institutions of Higher Learning: Have You Taken Care of Your Compliance Audit Findings?
One of the top 10 audit findings for institutions of higher learning is failure to take corrective action with respect to compliance audit findings.
