Segregation of duties is a commonly used and widely accepted internal control practice. It is the process of taking shared responsibilities of a key process and dispersing the critical functions of that process to more than one person or department. Implemented...
Guest Article: Navigating Success: The Crucial Role of Bus Tracking Software in Private Schools
Private School Best Practices
Retooling Leadership in Private Schools
Evaluating Your Accounting Software Needs
The Importance of Financial Management in Private Schools
The Importance of Internal Controls in Protecting Private Schools Against Fraud
Trends and Challenges in Private School Enrollment and Admissions
Ways to Promote Diversity, Equity, Inclusion, and Accessibility in Private Schools
K12 Data Protection Q&A Panel – Powerhouse Team
Segregation of Duties
New Regulations for Substantial Equivalency of Instruction for Private Schools
Oct 21, 2022
On September 13, 2022, the NYS Board of Regents finalized the substantial equivalency rules requiring private schools to prove they meet education standards. The rule became effective September 28, 2022. Education Law currently provides that “instruction given to a...
Health Care Worker Bonus – Updated FAQ’s for Education Employers
Oct 18, 2022
When the NYS DOH pushed off the implementation of the HWB for educational organizations until October 2022, we all thought that signaled that revised regulations would be distributed to help education organizations work through the HWB maze. After all the HWB was...
Q&A on Healthcare Worker Bonus Program: Education Providers
Oct 12, 2022
This webinar is for Education Providers. Deadline is October 31st for Vesting Period 1 and 2. **Information as of 10/11/22** Ken Cerini, Managing Partner and Shari Diamond, Partner of Cerini & Associates, LLP gave a background of the Healthcare Worker Bonus in...
Guest Article: Educational Institutions Cyber Liability Marketplace Update
Oct 5, 2022
Since the onset of the COVID-19 Pandemic, the cybersecurity environment has rapidly transformed. The frequency of incidents and cyber liability insurance claims have multiplied exponentially and continue to grow. Cyber Liability Insurance underwriters are on high...
Private School Internal Controls
Oct 5, 2022
In July 2022, news broke that David Ostrove allegedly stole approximately $8.4 million from the Schechter School of Long Island (the “School”), where he served as the School’s Chief Financial Officer, Chief Technology Officer, and Director of Operations. Ostrove...
Private School Bits & Pieces
Oct 5, 2022
Welcome to another school year, and welcome to a new set of opportunities and challenges. The 2022/23 year is sure to be an interesting one. With COVID still a disrupting force, the impact of inflation, rising interest rates, worsening economic and market conditions,...
Healthcare Worker Bonus – Education & Early Intervention
Oct 5, 2022
When the Healthcare Worker Bonus (HWB) program was unveiled in August, educational organizations were included in the list of eligible employers, but with little clarification as to which ones or who would be covered. At the end of August, a memo was distributed by...
Healthcare Worker Bonus Update
Aug 30, 2022
For those of you who filed for a Paycheck Protection Program (PPP) Loan, you remember the early days of the application process were marked by conflicting information, short deadlines, potential exposure, and more. As time went by, the regulations loosened up and...