Net Assets Articles

Article Archive

https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2016/09/Legal-Matters-Sept-Oct-2016.jpg
  • Labor Law
  • | Policy
  • | Risk Management

Technology Policies: Reserve These Rights This item is protected.

Are your policies and procedures keeping up with new risks and laws?
5 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2016/09/COSO-Sept-Oct-2016.jpg
  • Accounting
  • | Risk Management

COSO: Don't Get Left in the Dark

Why using COSO’s time-tested framework for internal controls may be in your school’s best interest
7 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2016/09/Financial-Sustainability-Heat-Map.png
  • Key Strategic Finance
  • | Planning
  • | Risk Management

Beyond the Dashboard: The Financial Sustainability Heat Map

A dashboard tells you where you have been. A “heat map” reveals your progress toward your destination.
8 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2016/09/Your-Money-or-Your-Data-Sept-Oct.jpg
  • Risk Management
  • | Technology

Your Money or Your Data

Ransomware is one of the next big threats to school data. “The bad guys are smart but lazy. If I had a choice to go after a school or a bank, I’d go after schools that are woefully unprepared for the skills I bring.”
12 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2016/09/QA-Sept-Oct-2016.jpg
  • Accounting
  • | Facilities

Q&A with Melissa Orth

The chair of NBOA’s Board of Directors reflects on the not-for-profit difference, the CFO-head of school partnership and the omnipresent topic of financial sustainability.
10 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2016/09/Refining-Your-Data-Sept-Oct-2016.jpg
  • Accounting
  • | Planning

Refining Your Data This item is protected.

Schools are using reports and models that move school leaders away from minutiae and toward mission-motivated planning and action. “We tell a story.”
10 min read

CEO Notebook  

  • Communication
  • | Membership

This Remarkable Community — in Your Words

I have often written and talked about the unique role that NBOA plays in the independent school community — how we fulfill our mission to provide you with best practices, staff support and technology to advance bus
1 min read

After School  

  • Culture

After School: Controller by Day, Creative Force by Night

An instant classic hits children's bookshelves in and beyond Music City. "Goodnight, Nashville has done a lot to help me be a better controller, professional, volunteer and person in general."
4 min read

CEO Notebook  

  • Culture

When Your Strategy Is Right - but Your School Culture Is Wrong

It's often said that culture eats strategy for breakfast. I say it myself because I firmly believe the "right strategy" can be paralyzed or its efficacy greatly diminished if it misaligns with a school's culture. In the
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2016/07/Nowhere-to-Hide-Jul-Aug-2016.jpg
  • Crisis Management
  • | Procedures

Nowhere to Hide: Best Practices in Crisis Management

Amid mounting high-profile media scrutiny, independent schools embrace best practices in crisis management and communications. “When a school does the right thing, its community feels proud.”
10 min read

CEO Notebook  

  • Admission
  • | Enrollment

Three Reasons You Should Be Involved with Your School's Marketing Efforts

Not many people closely link the work of the business officer and marketing, but I do. Whether your school employs a dedicated marketing professional or embeds the marketing function within the advancement or admissions
3 min read
  • Compliance
  • | Employee Benefits

Frequently Asked Questions about the New Overtime Rule This item is protected.

Confusion persists over changes to the FLSA overtime exemption charges. Teachers are exempt, but schools could see their employment costs grow for many other staff.
8 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2016/07/A-Delicate-Balance-Jul-Aug-2016.jpg
  • Human Resources
  • | Safety and Security

A Delicate Balance: Should You Hire a Dedicated Risk Management Officer? This item is protected.

Growing numbers of schools consider adding a dedicated risk manager. “It’s not that the CFO is doing less. It’s just that there is so much to keep up with and do that no one person can do it all.”
10 min read

CEO Notebook  

  • Financial Aid
  • | Tuition

Asking the Right Questions

Independent school business officers tend to be hard on themselves when it comes to determining optimal pricing models for their schools. You often ask, with a critical tone in your voice, "Why haven't we figured out the
2 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2016/07/After-School-Jul-Aug-2016.jpg

After School  

  • Culture

After School: Thousands of Miles, and Many More to Go

For this Seattle business officer, bicycling is more than a favorite "after school" activity. It's a way of life.
3 min read

CEO Notebook  

  • Culture
  • | Leadership

Retirements: Trickle or Tsunami for Our Profession?

Our profession is experiencing a generational shift that is both exciting and troubling.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2016/07/Protecting-the-Bottom-Line-Jul-Aug-2016.jpg
  • Contract
  • | Risk Management

Protecting the Bottom Line: Best Contracting Practices to Minimize Loss

Proven strategies and best practices to minimize potential revenue losses involving construction projects, tuition payments or third-party vendors.
12 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2016/07/Travel-Assurance-Jul-Aug-2016.jpg
  • Safety and Security
  • | Trips

Travel Assurance

Rising anxieties over international travel programs have schools stepping up due diligence, buttoning up procedures. “The reality is, there but for the grace of God goes any school.”
12 min read

Projections  

  • Culture

The Business Officer’s Dilemma

How do you lead business strategy in an environment that's all about culture? “A problem requires a solution, but a dilemma must be managed because it will never be solved or go away.” — Howard Teibel,
3 min read

Projections  

  • Crisis Management
  • | Safety and Security

Counter to Our Missions

Independent schools must be resolute in providing the safest of havens where those wishing to do harm are quickly identified and weeded out.
4 min read

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