Introduction
Setting up a new career school is an exhilarating journey, filled with the promise of shaping young minds and making a difference in the community. However, as you approach the licensing stage with the Texas Workforce Commission, there is a critical step you cannot overlook: the audit. I know, it sucks 🙂
What is the Purpose of an Audit?
An audit serves is an independent evaluation of a school’s financial statements and adherence to legal and regulatory standards. It ensures that your financial statements are complete and accurate.
Why is it Required?
The Texas Workforce Commission mandates audits as part of the licensing process to ensure that potential schools are financially sound and capable of delivering quality educational services. An audit instills confidence in stakeholders, from parents to potential investors. See https://www.twc.texas.gov/programs/career-schools-colleges/ongoing-requirements for more info.
How We Can Help
As a Texas CPA with expertise in audit services, I can provide comprehensive audits tailored to the education sector. We’ll assess financial records, compliance with regulatory requirements, and provide recommendations to strengthen your financial health.
Conclusion
Don’t underestimate the power of a quality audit. By ensuring you meet the required standards, you position your school for success from day one. Contact us today to learn more about our audit services.
