Business Office Services for Public Schools

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Peace of Mind

K12 Accounting puts your business office operations in the hands of experienced professionals. We free up your superintendent and administrative team to focus exclusively on student achievement. Our professionals regularly meet with administrators on the school’s financial situation, providing a true understanding to the Administration, Finance Committee, and Board of Directors to make informed financial decisions.

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Expertise in School Business Office Management

We have over 75 years of combined experience in managing and auditing business office operations of charter schools and school districts across New Mexico and Colorado. We oversee budgets in excess of $200 million. Our staff includes Certified Public Accountants, Level II School Business Officials and Master of Accountancy degree holders with experience auditing governmental entities, including schools in New Mexico and Colorado.

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Review of Financial Practices

K12 accounting will conduct internal reviews of specific areas of concern identified by the Superintendent or the school Board. You will receive reports indicating areas of concern along with recommendations.

Graphic of business man and woman looking over stats

Segregation of Duties

When you’re working with K12 Accounting, you’ll connect with a team of individuals working on your district. We have multiple layers of oversight, checks and balances, and robust segregation of duties for integrity in our accounting services.

Graphic of large team happy about statistics on a presentation board

Decreased Risk

Compared to in-office accounting, we have no single-point-of failure for our organization. A relationship with K12 Accounting guards against a potential moment of crisis triggered by an unexpected event affecting an employee business manager or business office staff. Personnel redundancies are built into our business model.

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Team of Personnel

Business manager and assistant business manager working together to reach the financial goals of your district. Weekly financial planning and update meetings with school administration.

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Training

Personalized financial training for your board or governing council. School personnel training on processes and school-related financial rules and regulations. Software training to staff and administration on financial software.

Graphic of woman sitting in bean bag reading a book

Peace of Mind

K12 Accounting puts your business office operations in the hands of experienced professionals. We free up your superintendent and administrative team to focus exclusively on student achievement. Our professionals regularly meet with administrators on the school’s financial situation, providing a true understanding to the Administration, Finance Committee, and Board of Directors to make informed financial decisions.

Graphic of businessman at podium pointing at presentation board with stats

Expertise in School Business Office Management

We have over 75 years of combined experience in managing and auditing business office operations of charter schools and school districts across New Mexico and Colorado. We oversee budgets in excess of $200 million. Our staff includes Certified Public Accountants, Level II School Business Officials and Master of Accountancy degree holders with experience auditing governmental entities, including schools in New Mexico and Colorado.

Graphic of business team working together on strategies

Review of Financial Practices

K12 accounting will conduct internal reviews of specific areas of concern identified by the Superintendent or the school Board. You will receive reports indicating areas of concern along with recommendations.

Graphic of business man and woman looking over stats

Segregation of Duties

When you’re working with K12 Accounting, you’ll connect with a team of individuals working on your district. We have multiple layers of oversight, checks and balances, and robust segregation of duties for integrity in our accounting services.

Graphic of large team happy about statistics on a presentation board

Decreased Risk

Compared to in-office accounting, we have no single-point-of failure for our organization. A relationship with K12 Accounting guards against a potential moment of crisis triggered by an unexpected event affecting an employee business manager or business office staff. Personnel redundancies are built into our business model.

Graphic of woman at her desk speaking to another woman

Team of Personnel

Business manager and assistant business manager working together to reach the financial goals of your district. Weekly financial planning and update meetings with school administration.

Graphic of seminar and education class

Training

Personalized financial training for your board or governing council. School personnel training on processes and school-related financial rules and regulations. Software training to staff and administration on financial software.

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Financial Issues Public
Schools Are Facing

  • Business managers across the state are retiring at alarmingly high rates.
  • Absence of school business and governmental accounting expertise.
  • Loss of funding due to error and mismanagement of funds.
  • Potential financial misstatement or embezzlement.
  • Excessive and repeat audit findings.
  • Lack of recommendations for improvement.
  • Inability to focus solely on the educational programs due to issues in the business office.
  • Possible board of finance takeover by the Public Education Department.

Our public schools are facing a financial crisis

Many public schools in New Mexico and Colorado are currently facing crisis in the business office. Due to the increase in the number of business managers in New Mexico and Colorado who are reaching the age of retirement, the qualified talent pool is getting smaller and often consists of applicants with a lack of school business and governmental accounting expertise. This often results in excessive and repeat audit findings, potential financial statement misstatements, embezzlement and ultimately the inability to focus solely on education due to issues in the business office. K12 Accounting offers New Mexico and Colorado public schools a solution to their business office needs.

National Percentage of Charter School Closures

Source: Center for the Education Reform, 2011