Essentials of Finance & Accounting for Independent Schools

In this workshop, we will explore the areas of responsibility within the independent school business office from an enterprise perspective. Understand how your school's mission is implemented and how it translates financially, which are fundamental keys to institutional success. Explore the independent school business model and enhance your understanding of school business operations through instructor-led learning and interactive breakout group discussions with industry peers. Topics covered include financial planning and budgeting, not-for-profit accounting essentials, revenue drivers and expense levers, and the annual business office cycle and related reporting that is needed to ensure compliance from a legal/audit perspective.

Learning Objective(s):

  • Survey the areas of responsibility of the business office from an enterprise perspective.
  • Understand how your school's mission is implemented and how it translates financially. 

Instructors

Mary Kay Markunas

Mary Kay Markunas

Senior Director, Member Resources and Programs

NBOA

Glen Ellyn, IL

Mary Kay Markunas supports NBOA's full line of professional development offerings including the NBOA Annual Meeting, Business Officer Institute, webinars and online courses, and also provides resources and support to members. A former independent school business officer, she develops and delivers programs and content related to independent school business operations, leadership and governance, and nonprofit accounting practices. Markunas joined NBOA in early 2015 after serving as the director of finance and operations at The Avery Coonley School for 12 years. While a business officer, she served on the NBOA board of directors for five years (2010-2015). Before joining the independent school community, she worked in corporate finance at a global corporation and in engineering consulting.

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Karen Volpi

Karen Volpi, MBA

Director, Accounting and Finance Programs

NBOA

Stephentown, NY

Karen Volpi is NBOA’s director, accounting and finance programs. Volpi plays an integral role in the development and delivery of resources and programming, particularly with regard to accounting, finance and tax compliance. She serves as the liaison to NBOA’s growing controllers community and the Controllers Council as well as to NBOA member accounting and audit firms. Before coming to NBOA, Volpi was CFO at Darrow School, a co-ed boarding and day school for grades 9-12 in upstate New York. Previously she served in the accounting policy department for Berkshire Bank, and her career has spanned many years in finance and operations roles, primarily in banking and in construction management.
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CPE Information

Recommended CPE Credits: 3.6
Delivery Method: Group Live Based
Program Level Basic
Field of Study: Finance
Prerequisites: None
Preparation: None

NBOA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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SHRM Information

SHRM PDC Credit: 3.0
SHRM BoCK: Business Acumen

NBOA is recognized by SHRM to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). For more information about certification or recertification, please visit www.shrmcertification.org.

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HRCI Information

Recommended HRCI Credits: 3.0
Category: Finance

NBOA is a recognized provider of recertification credits. HR Certification Institute® pre-approved this program for credits towards aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification.

workshops

Questions?

Email programs@nboa.org or call 202-407-7140


Dates

None at this time.

Pricing

Members:
$320

Nonmembers:
$450

Group discount available


Recommended Audience

  • Business Officers
  • Controllers
  • Human Resources Professionals
  • Business Office Staff