Private School Chart of Accounts (COA) Mastery

What Will You Learn?

• Design and evaluate a GAAP-compliant private school COA
• Distinguish tuition billing, cash collection, and earned revenue
• Properly record and release deferred tuition revenue
• Account for student deposits and registration fees correctly
• Apply contra-revenue treatment for tuition discounts and refunds
• Segregate instructional costs from administrative expenses
• Accrue payroll, payroll taxes, and benefits accurately
• Account for prepaid insurance and curriculum licenses
• Record fixed assets and depreciation correctly
• Apply the allowance method for doubtful tuition receivables
• Identify and avoid common PPC and peer-review audit findings