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Private Schools: How to Get Ready for Your Next Audit

Description

Now is a good time for private K-12 business officers and finance teams to take a look at how they're presenting their financials.

Consistent communication. Efficient procedures. Insight into the private school sector. These are qualities that competent auditors and business officers can use to avoid an audit pitfall in years to come. Armanino and PAISBOA discuss audit best practices, from the technical know-how to the less tangible need to build relationships, as well as how to work most effectively with your audit team and ensure that your school is shown in the best light, from internal controls to journal entry adjustments.

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