Educational Institutions
Higher education and private schools face many of the same challenges as other businesses and financial management is oftentimes more diverse and complex. A large pool of revenue sources such as endowments, restricted contributions, alternative investments, grants, student financial aid, and so on, means there are complicated regulatory and compliance considerations. In addition, there are capital improvements, property, and facilities to manage.
Our team works with numerous colleges, universities, and private schools across Colorado and the U.S. We collaborate with the organization’s stakeholders to provide clarity in the management and reporting of revenue sources and growing infrastructure.
Services
- Consultation, preparation, and filings of Form 990 Series
- Securing and maintaining tax exempt status
- IRS audit support
- Unrelated trade or business income consultation, preparation, and filings
- Business process outsourcing, including bookkeeping, billpay, and payroll processing, filings, and reporting
- Financial statements, reporting, and management reports
- Set up, training, and consulting for QuickBooks® software
- Advisory services on general ledger set-up and internal controls
- Virtual controller outsource and consulting
- Virtual CFO outsource and consulting
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- Financial policies and procedures review/documentation
- Organization planning, financial projections, and budgets
- Entity set-up and organizational structure
- Cash flow management
- Directors’ examinations
- Risk management
- Financial statement audits, reviews, and compilations
- Internal control reviews
- Operational audits
- Fraud investigations
- Agreed-upon procedures
