Supporting universities with US GAAP
At Scrutton Bland, we have experience of working with UK universities and US GAAP, allowing us to compile accounts for universities with a large quota of American students. Our team also stays up to date with all changes to US GAAP regulations, which can impact universities’ annual reporting requirements.
By engaging Scrutton Bland to complete this process on their behalf, universities, and their finance departments, can save time and money that would otherwise be spent getting up to speed with the complexities of US GAAP. We will ease the burden placed on internal resources, allowing for an increased focus on the fundamentals of day-to-day operations. Universities will also benefit from added peace of mind that US filing deadlines will be met in a timely manner and communications with auditors will be managed efficiently.
Our specialist university team makes us unique among other advisory firms, both on a regional and national level. With our knowledge of higher education and the intricacies of accounting in the sector, including US GAAP, we are well positioned to assist universities that have a large cohort of US students, or may do in the near future.