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Education

The education sector is experiencing a period of interesting and complex changes. From public and private schools, to vocational colleges, universities and private training providers, there has been a growing trend towards increased accountability requirements and reforms.

 

Led by a push by the Federal Government for schools to adopt a nationally consistent structure, a requirement for greater disclosure and transparency has spilled over into other subdivisions within the industry. It has never been more important for education providers to display quality service, sound operating procedures, good corporate governance and risk management processes, and a strong financial performance.

 

With the majority of funding coming from State and Federal Governments, the unique manner in which the education system is funded adds additional pressures to those within this industry.  

 

 

Recent movements by the Federal Government to encourage universities to become financially independent along with support on a state level for an increase in public –private funded institutions has led to heightened competition across the sector.

 

In today's highly competitive and complex environment, it is crucial that your advisor provides strategic, financial and management advice that is not only technically competent, but also reflects a thorough understanding of the education industry.

 

With extensive specialist experience in the education sector we offer a range of services to all sectors including: 

 

Federal and State Governments 

TAFE Colleges

Private Training providers

State and Private schools

Kindergartens

Universities

Pre-Schools

Out of school hours care services

 

Our Education sector advisors are experts in providing high quality advice to ensure educational institutions achieve their financial, operational and strategic goals.

 

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Services

Our unique modular approach ensures that we can tailor a solution to meet your specific needs. These modules include: 

 

Prudential Taxation Reviews and advice

Audit and Assurance

Benchmarking

Strategic School Plans

Strategic 10 Year Budgets

Operating Budgets

Board Reporting Models

Activity-Based Costing

Financial Governance Reviews

Risk Management 

 

We can also assist you with your full range of accounting and tax compliance needs.     

 

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