Financial Management

  • Financial Management | From the archives: Unexpected donations present schools with wonderful opportunities, and sometimes challenges. “It’s really hard to turn down big money.” Article by Darren Dahl    This ...

  • Financial Management | Little-known rule lets qualifying schools limit donor reporting to contributions larger than the standard $5,000 threshold. Article by Jennifer Osland Hillen From the March/April 2018 Net ...

  • Financial Management | Above: Sample graph of Midwest independent schools' revenue per student, from BIIS. Why should business officers take the time to enter data into BIIS (Business Intelligence for Independent ...

  • Article by Tom Sneeringer, RSM US LLP This article is an online-only supplement to Sneeringer's feature article, " Implementing the New Accounting Standards: Revenue Recognition and Financial Reporting " in the ...

  • Financial Management | Nonprofit independent schools must address two accounting standard updates, one before the start of the new fiscal year and the other the year after, in most cases.  Article by Tom Sneeringer, ...

  • Financial Management | Schools should closely examine their bank-based tax-exempt financing to determine if tax changes triggered a reissuance.  Article by Charles E. Procknow, George K. Baum & Company This ...

  • Financial Management | Initial reporting from BIIS data-collection platform reveals modest declines in schools’ financial footing. Is the trend real — or a temporary illusion? By Mary Kay Markunas From the March/April ...

  • Financial Management | But W-4s will likely not change for at least another year.  This article was updated on January 16, 2018. Independent schools should prepare to adjust employee payroll withholding for taxes; ...

  • Financial Management | Independent schools might breathe a small sigh of relief in reviewing the final compromise version of the sweeping tax overhaul legislation released December 15 by the House and Senate conference ...

  • Financial Management | The GOP rush toward major tax legislation accelerated last night when Alabama GOP Senate candidate Roy Moore lost in an upset to Democrat Doug Jones, adding to pressure on the party to notch ...