Net Assets Financial Management Articles

Financial Management

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  • Employee Benefits
  • | Tax

Fringe Benefits: Sweet, but Known to Bite

Tips for ensuring the fringe benefits that help make your school such a nice place to work are also compliant with the law.
10 min read

CEO Notebook  

  • Budget
  • | Facilities

Make My Day

STEM, STEAM, making, tinkering. Innovators, collaborators, self-directed learners. Idea labs, learning commons, makerspaces. The maker movement is a big deal for independent schools, an exciting reality playing out in ne
2 min read

CEO Notebook  

  • Maintenance
  • | PPRRSM

The High Price of Neglecting PPRRSM

It's widely accepted as best practice for independent schools to maintain three percent of the total cost of replacing the physical plant in a separate budget called PPRRSM (provision for plant replacement, renewal and s
2 min read
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  • Accounting
  • | Compliance

A Major Overhaul for Independent School Financial Statements

What’s in the FASB’s proposed changes to nonprofit financial statements? A look ahead.
6 min read

CEO Notebook  

  • Leadership
  • | Planning

Change Your School for the Better – Here's Why (and How)

Without shame or apology I admit that I'm a change addict. I firmly believe that any organization, program or resource can be made better. "No status quo," in fact, is a mantra I developed with my friend and colleague Gr
3 min read
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  • Cash Management
  • | Culture

Engines of Entrepreneurship

A California independent school teaches real-world business and investing skills through a hands-on business curriculum.
9 min read

CEO Notebook  

  • Cash Management
  • | Leadership

Announcing the 2015 NBOA Award Recipients

One of my favorite programs during the NBOA Annual Meeting is the NBOA Awards Lunch. The only national recognition program of its kind, this wonderful event doesn't just recognize individual achievement in independent sc
3 min read

CEO Notebook  

  • Boards and Trustees
  • | Planning

From Ledgers to Leadership

I was recently asked to share the biggest change I’ve observed in the business officer profession since 2010, when I became NBOA’s chief executive. My immediate thought was how your role has been elevated wel
2 min read

CEO Notebook  

  • Human Resources
  • | Planning

Collegiality and Goal Clarity Abound at NBOA's Conference on the Business Office

Last week, more than 30 business officers from across the country gathered to discuss the issues of greatest importance among their peers at NBOA's Conference on the Business Office (COBO). "This event symbolizes the nat
3 min read

CEO Notebook  

  • Budget
  • | Culture

Opened Books, Engaged Faculty and Staff

It takes a village ... you can’t go it alone ... swim with a buddy ... the list goes on and on. If we know we are stronger as a group than individually, why do we so often insist on keeping key information in the hands o
2 min read

CEO Notebook  

  • Leadership
  • | Planning

Being Decisive

Each year, as part of our ongoing professional development, the NBOA staff selects a book to read and discuss “book club” style. The book can be about association management, education, business or some other
2 min read

CEO Notebook  

  • Budget
  • | Leadership

A College President's Commentary on Costs

As I discuss the future of independent schools with thought-leaders and colleagues across the country, we often look to higher education—particularly small, independent, liberal arts colleges—to see what less
2 min read