Finance

Finance

We serve and support over 100 Christian schools in Western Canada with products and services developed to assist schools with financial best practices, sustainability and reporting. We also conduct professional development seminars for school accountants, business managers, administrators, treasurers and boards.

Examples of our products, services and seminars include:

  • Financial Benchmarking – small, medium and large schools
  • Staffing reviews and comparisons to other schools
  • Internal control reviews
  • Charitable receipting framework
  • Charitable receipting reviews – compliance with IC75-23
  • Financial health review and report to your board
  • Budget templates
  • Depreciation Reports – school facilities
  • Staff structure reviews
  • SOPSOC reviews
  • Capital project readiness assessments
  • Long term budgeting models – bank lending analysis
  • Workshops and seminars on a variety of issues and topics

Whatever you or your school may need, we look forward to hearing from you.

 

Benchmarking

Our goal is to provide each SCSBC member school with a comprehensive report of their financial and staffing benchmarks and how each school compares with similar SCSBC schools. We have worked hard to ensure that every school’s individual information is protected and remains confidential. Information will only be released as averages of several schools, for example, average of schools with greater than 850 students, or K-12 schools with less than 150 students. The ability for your school to have comparison data of the similar types of schools will highlight areas for further research and discussion during the school’s budget process. It is just one more tool that SCSBC trusts will serve our members schools and their leadership teams.

Data will be collected in the first semester and individualized reports will be sent to schools in February for those schools that choose to participate. The report will provide benchmarks and comparison data in the followings areas:

• Operating Revenue and Enrolment
• Operating Expenditure
• Assets and Debt
• Staffing Efficiency
• Special Needs Department
• Marketing and Development
• International Department
• Preschool Department
• Transportation
• Facilities

Member schools are supplied with log-in information. When you are ready to begin entering your data, click on this button.

Finance

For More Information

Tracey Yan SCSBC Director of Finance

Director of Finance

Tracey Yan

Tracey brings a varied background of experience to her role with SCSBC schools – as a former student, a parent, a board treasurer, and a school business manager – which helps her consider issues from different perspectives and serves as a testament to her long standing commitment to Christian education.

Tracey began her career in a large public accounting firm, specializing in audits of not-for-profit organizations, local government and public utilities.  While taking some time off to raise children, she continued to serve on the boards of various not-for-profit organizations, including John Knox Christian School in Burnaby.  That involvement led to her taking on the role of Business Manager at John Knox in 2014, where she continues to work part time.

As SCSBC’s Director of Finance, Tracey’s responsibilities include consulting with schools on financial management issues, producing benchmarking reports for member schools, administering financial health reviews, providing support for the SCSBC School Budget Template and support and review of the SCSBC Framework for the Issuance of Charitable Tax Receipts, and facilitating conferences and discussion groups for school business personnel.

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