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.
Financial reports and key performance indicators (KPIs) inform your constituents about the performance and disposition of your school. These resources influence key decisions made by faculty,
One of the Board's primary responsibilities is ensuring the financial stability of its School. However, Board members bring varying levels of financial acumen and experience to the table and this can
With more and more schools embarking on capital and endowment campaigns, it is imperative that the potentially unique and complex transactions be accounted for correctly. Find out how CFOs who have
