The higher education sector is driven by population dynamics, the economy, and by employer requirements. The financial success of higher education organizations is closely related to the number of students enrolled, because many costs are fixed. The majority of costs are typically human resource and infrastructure related. Not-for-profit and higher education entities are getting increased competition from other for-profit colleges and online education.
SBC provides audit and tax services to this sector, as well as business consulting services to assist with finance function assessments and evaluations of internal control and business processes.
We are members of the National Association of College and University Business Officers (NACUBO), the Eastern Association of College and University Business Officers (EACUBO) and the Southern Association of College and University Business Officers (SACUBO). We provide financial and single audit and tax services to not-for-profit colleges and universities in the Mid-Atlantic region. In addition to private colleges, we also serve public colleges and universities.
Contact Bill Seymour and Monique Booker at SBC to explore our solutions for the tax exempt sector.