When Is the Right Time for a School to Perform an Operational Assessment & How Can It Help?
December 13, 2022In today’s business environment, conditions are continually changing. From one day to the next, new variables arise, and it's not always possible for schools to stop and examine the impact changes can have on its operations or their implications for accounting. For a school to survive and succeed, financial reporting and accounting policies and procedures must align with the school’s size, while allowing room for sustainable growth and flexibility.
Join us for an informative webinar as we identify which types of events can trigger the need to re-evaluate "business as usual," when a school should implement an operational assessment, and how an assessment can help accelerate growth.
Learning Objectives
Upon completion of this program, participants will be able to:
- Describe how a third-party operational assessment can provide meaningful information for school leadership and other stakeholders.
- Explain what an operational assessment can do that a financial statement audit can't.
- Identify the deliverables of an operational assessment and how the school can use them to enhance existing procedures and utilize for growth planning.