When your mission is to provide a great education, the benefits you deliver are enormous—including so much more than just enlightenment. Think higher incomes and reduced poverty. Enhanced employment opportunities. Even better health and happier lives.
And you’re great at it.
But sometimes the financial and operational activities that support your educational mission can be a challenge.
That’s where we can help.
The professionals in our Independent Schools practice understand the challenges that schools like yours face. The stresses that rising costs and a seasonal, tuition-based financial model can impose on your finances to name just two.
Capital campaigns, endowments and additional revenue streams can help, but they each come with their own set of challenges. That’s where you benefit from the advice of professionals who’ve been through it all before helping other, similar schools.
Maybe you could use enhanced financial forecasting or cash flow management tools, more meaningful internal financial reporting or a focused financial and operational dashboard. Perhaps you’re wondering how revised revenue recognition standards affect you. Or how your school’s numbers stack up against your competitors, highlighting your successes and potential areas of improvement.
We can also help with the basics, such as preparing your tax return, conducting your audit, assisting with accounting or bookkeeping activities and evaluating your internal controls. As long-time sponsors of NWAIS, we can even assist with accreditation issues.