Home

Quick Links

Legal & Sitemap

navigation
Home > Industry > Education

Education

Educational institutions face many financial, academic, strategic and technological hurdles. Armanino works with over 120 private K-12 schools, colleges and universities. We combine this depth of expertise with data-driven analytics, KPIs and the right software solutions to help our private school clients meet today’s challenges and better prepare for the future.

Our Approach

Today’s leading schools, colleges and universities need a financial partner that not only addresses your audit and tax compliance issues, but your underlying business challenges.

Armanino is different from other accounting firms. Not only do we provide the best service at competitive rates, but we also add value to your institution by providing benchmarking analyses that allow you to see how your organization stacks up against the best run private schools and universities in the country. This analysis, coupled with our decades of experience, provides some unique and helpful financial metric analytics.

We also understand the pain points school, college and university CFOs face every day including resource constraints, financial planning, data consolidation and rolling forecasting. We are here to assist finance teams struggling to maintain multiple Excel budgets across departments.

What We Do

 

Audit

Audit

Armanino’s audit team doesn’t just deliver audited financial statements to K-12 schools or higher education institutions. Instead, we provide the insight behind the metrics—assessing opportunities, weighing risks and exploring the practical implications to both your short- and long-term priorities.

AUDIT SERVICES »
Tax

Tax

Armanino has the resources and expertise to meet your needs, no matter how complicated or demanding including unrelated business income, HOS comp, sales & use tax, Form 990 preparation and more. Our experts address key concerns and identify strategic tax-planning opportunities throughout the year—not just during tax season.

TAX SERVICES »

Consulting

Consulting

Armanino provides a full range of specialized services to meet the operational, financial and strategic needs of private schools and higher education institutions. Our team can provide bookkeepers to take care of all of your accounting, or we can do project work as needed. We can also help automate your budgeting and forecasting through our Adaptive Insights software solution.

more

Related Industries

Higher Education

Diploma and Grad Cap Thumbnail

With increasing competitiveness and changing regulations, higher education institutions face fina ...

Private Schools

Stacked Open Books Thumbnail
Armanino is an established leader among private schools. Serving more than 120 private schools, our ...

Our Team

Practice Leaders

Josh Nevarez

Partner


Related Experts

Associations

National Business Officers Association (NBOA)
www.nboa.org

Founded in 1998, NBOA is the only national association focused exclusively on supporting independent school business officers and business operations staff, and fostering financial and operational excellence, among independent PK-12 schools. Armanino is proud to sponsor and attend their Annual Conference.


Independent Schools Business Officers Association of California (Cal-ISBOA)
www.isboa.org

Cal-ISBOA is dedicated to the advancement of professionalism in independent school management across California. Armanino is proud to sponsor and attend their Annual Conference.


Western Association of College and University Business Officers (WACUBO)
www.wacubo.org 

Since 1937, WACUBO has offered business officers in the western region opportunities to develop professionally and identify solutions for issues affecting higher education. Armanino is proud to attend their Annual Conference.

Resources

Accounting for Contributions Received and Made for Private Nonprofit Colleges and Uni ...

On August 3, 2017, the Financial Accounting Standards Board released an exposure draft that will clarify and improve the scope and accounting guidance for contributions received and made.

Why Your Institution Is at High Risk of Cyberattack, and What to Do About It

In the last few years, cyberattacks have put many of the country’s leading institutions at risk. The largest breaches have affected hundreds of thousands of students, faculty and staff.

How to Detect & Reduce the Risk of Fraud

When it comes to your nonprofit, it is important to be on the lookout for the warning signs of fraud. implementing strong financial controls can help protect your organization.

Man Pulling String on Curtains Outside Feature

The FASB has issued the first major changes to the accounting standards for nonprofits’ financial statement presentation. Find out how it will affect your o ...

Kid Dressed As Pilot Against Bar Chart Feature

Your guide to avoiding risk and simplifying the CRM evaluation and implementation process.

Download » download 

Joining Forces: How to Harness the Power of a Strategic Alliance

Mergers and acquisitions are traditionally thought of as transactions in the for-profit world, but in the nonprofit industry, they’ve become an increasingly popular venture.

Why Internal Controls Matter for Your Nonprofit

A key to preserving assets is the proper design and implementation of internal controls. This is true from large, well-established nonprofit organizations to the smallest start-up charity.

Cybersecurity Digital Lock Feature

In the minds of many nonprofit leaders, data breaches are the plague of Fortune 500 companies—or at least the Fortune 500s of the nonprofit world. Yet size ...

What Your Board Needs to Know About Nonprofit Accounting

Even board members with business experience struggle to understand nonprofit accounting. So, we’ve outlined the top eight things every nonprofit board member should know.

SCOTUS same-sex marriage decision has tax implications for couples and their employer ...

On June 26, the Supreme Court issued a landmark 5-4 decision on same-sex marriage, which will affect tax and estate planning for many couples and also impact their employers.

Judicial Hammer American Flag Feature

On June 25, the Supreme Court upheld the ACA’s premium tax credits for qualifying taxpayers, whether they purchase coverage through a federal or a state exc ...

California University Reduces Reporting from Weeks to Minutes

This $52B CA university department has greatly accelerated the financial reporting process and freed up staff to perform key analytical and strategic tasks with customized, cloud-based Adaptive Insights.

Business People at Coffee Reviewing Presentation Feature

When is an endowment not an endowment? If your organization is like many other nonprofits, you may be considering the possibility of a “quasi-endowment&rdqu ...

Chalkboard With Bars and Graphs Feature

Consider internal benchmarks to monitor and detect trends and external benchmarks to ascertain where you’re thriving or lagging behind, based on your peers. ...

Blue Locks With Red Lock Unlocked Feature

Cyber attacks happen across all industries, to companies of all sizes. CFOs need to build and maintain an effective cybersecurity strategy to mitigate digital ris ...

Black Pencils Erasers With One Red Pencil Tip Thumbnail

AICPA has issued SSARS No. 21, which will help differentiate between when an accountant performs a compilation, engagement or prepares financial statements.

Business Man Writing in Journal Thumbnail

Ensuring your board understands your finances isn’t a luxury. It’s an imperative—not just for the individual board member but also for the ...

Man Using Magnifying Glass Thumbnail
The Office of Management and Budget (OMB) finalized and released comprehensive new federal grant reform guidelines on December 26, 2013.

5 Simple Steps to a Better Nonprofit Budget

Preparing your nonprofit’s annual budget is probably one of the least appealing parts of your job. Following these five simple steps can help make the process a little less painful.