This report, created from an analysis of 2015-2017 trend data from the largest schools in NBOA's Business Intelligence for Independent Schools (BIIS) data collection platform, explores key financial
Learn budget tips, items with inconsistent budget treatment and where to use benchmarking. Review the budget calendar and learn the levers that drive budgets and how to model them. Also included is a
In schools, the accepted best practice is to first conduct a physical audit of the facility and then forecast financial needs, based on the actual condition and expected remaining lives of major
Financial auditors, with years of school experience, were asked, "If you were on the school board, what questions would you be asking the auditor?" Discuss the top 10 questions the survey revealed and
Field trips, team travel, conferences, coaches and volunteers all represent significant driving exposures to schools. Learn some easy ways to control these risks and reduce the potential for negligent
Financial officers-along with the board and executive leadership teams-constantly want to know how their school is performing, not only against their own financial goals but also in comparison to
The NBOA Long-Range Financial Model is an easy-to-use, customized 10-year budget model, created as an Excel spreadsheet. The model generates charts and graphs that easily can be dropped into
You rely on your board to keep your school fiscally strong and viable. However, one of the fundamental challenges many boards have is that they lack a strong understanding of their roles and
This is the final report from the annual Commonfund Benchmarks Study of Independent School Endowments. It provides a look at investment strategies, allocations, rates of return, policies, etc.
