Educational institutions are dealing with rapidly changing business challenges. Historically, schools could depend on a stable level of endowment income. Unfortunately, today they must often match budgets to their income at a time where tuition costs are becoming an overwhelming financial family burden.
Meanwhile, charter schools represent a new promise. They are quickly gaining momentum, however, they face the struggle of implementing appropriately robust financial and accounting infrastructures e.g. finance policies and procedures and implementing new financial systems.
Regardless of the type of educational institution —colleges and universities, post-secondary institutions, independent and charter schools, and other educationally oriented institutions/programs— all need a strong financial accounting and reporting system in order to deliver the promise of education of excellence.
AMS assists by providing seasoned accounting and financial professionals who employ best practices on an interim, ongoing, or project basis.
- Endowment accounting – unitization, restricted funds, preparation of financial statements, donor reporting
- Financial project management
- Grants management
- Financial Aid
- Charter School expertise
- Massachusetts Ch 766 Approved Schools expertise
- Software selection –PeopleSoft, Banner and Raiser’s Edge, CampusCafe