Outsourced CFO
CSP’s outsourced CFO services are designed for schools that need strategic financial expertise but have budget constraints that do not allow for hiring a full time, in-house finance executive. We designed our comprehensive outsourced CFO services to solve complex financial and accounting challenges facing administrators and Boards of Directors.
How Can We Support Your School?
Bond Covenant Compliance
Many schools have obtained, or will obtain, bond financing to fund construction and expansion projects. These are complex financial transactions that often require regular, timely and accurate reporting on the school’s compliance with liquidity calculations and other covenant requirement reporting. Let us remove the burden of keeping up with deadlines and calculations so you can focus on educating students.
Financial Analysis
Schools often face complex accounting transactions, making it challenging to understand their financial health. Our thorough financial analysis provides support throughout the entire financial life cycle. We assist with budget creation, ensure accurate tracking and reporting of financial results, and guide you through the annual financial statement audit process. With our expertise, you can confidently manage your schools finances and make informed decisions for its future.
Financial Forecasting
Strategic financial planning is key to the long-term viability of a school. Using trend analysis and comparative analytics, we produce 5-year financial forecasts, giving administrators and board members a good idea of their financial future, allowing for well-informed decision making and compliance with facility or expansion construction financing requirements. This collaborative process examines various “what if” scenarios in real-time, to see how different factors impact your bottom line.
Partner With Us
We aim to form partnerships with our clients.
Connect with us to start collaborating.
