Industries

Education

Schools today face increasing demands on how best to allocate their limited resources, whilst delivering quality education to the community. Schools not only have to grapple with fee structures and how to finance the delivery and expansion of key programs, but also an increasing level of regulation for obtaining funding and finance. We understand these challenges and have a dedicated team to work with you to help achieve your objectives. Our aim is to help you to best allocate your resources to where they are most needed, while minimising the barriers to achieving your goals.

Ensuring regulatory compliance

We can help you meet your reporting obligations for government and third parties with our range of internal and external audit services. Our advisers can also assist you with grant and funding acquittals. Underlying the achievement of annual results and long term operations is the ability to successfully manage and review financial outcomes. We do so by preparing and implementing budgeting, reporting, and activity based costing systems. To help keep you on track, we are also able to review your results and provide reports for management and financiers on exceptions.

Managing your taxation requirements

There has been an increasing level of regulation around the various tax concessions schools are eligible for. To help you navigate this regulatory mine field, we can assist you with GST matters including due diligence and audit assistance, salary packaging and FBT reviews, and operation of Gift Funds, including set up and advice. Crowe Horwath is also the author of the GST Manual for Schools, the only school-specific GST resource in Australia. Specifically designed to provide an in-depth analysis of the GST issues applicable to schools, the manual incorporates numerous examples from real life scenarios, and is aimed at providing schools with practical solutions to their complex GST issues. Download our GST Manual for schools.