We understand the unique accounting and operational aspects of independent schools, including seasonal cash flow, financial aid, student loans, and facilities management.
Independent schools face many challenges in maintaining financial stability, and school leaders and board members must develop strategies and focus to deal with these issues effectively.
AAFCPAs’ independent school clients keep their core educational mission at the forefront, with a focus on serving students in the best way possible. However, we understand the limitations on tuition and the need to establish other revenue generating programs. Many of our clients have instituted successful non-tuition revenue streams, such as: real estate holdings, facility rentals, overseas sister schools, expanded summer programs, adult education, tutorial centers, teacher institutes, and online curriculum.
Our extensive experience within the education industry makes us uniquely qualified to serve you. We understand the unique accounting and operational aspects of independent schools, including seasonal cash flow, financial aid, student loans, facilities management, and more.
I highly recommend AAFCPAs for anyone looking for an attractive alternative to national CPA firms. It’s so nice to have that partnership and team by our side. Before we switched to AAFCPAs, we worked with a national firm. When it came time to conduct another rotation, though AAFCPAs came highly recommended by so many, we treated them as we would any other auditing firm. At the end of the search, we went with AAFCPAs. The national firm we left was adequate. But there is just a certain white glove touch with AAFCPAs that is preferable.
Shelly Jackson | Director of Finance, American Academy of Arts and Sciences
In addition to assurance and tax, AAFCPAs provides proactive guidance on areas critical to the success of our independent school clients, including:
AAFCPAs serves diverse education clients spanning independent schools, higher education, charter schools and charter management organizations, and chapter 766 schools. AAF understands the education industry and its particular business and operational challenges, including funding and regulatory issues. We provide pragmatic recommendations beyond compliance, guided by you and the strategic interests of your institution.
“The first thing I think about when I hear the word AAFCPAs is sound advice. Their advice has proven to be very helpful to us over the years.”
Joanne McDaniel | Chief Financial Officer, Beaver Country Day School
