The higher education industry is at a crossroads, with institutions dealing with shrinking resources, shifting demographics, dwindling enrollment, and the unexpected impact of global events. Baker Tilly US, LLP (Baker Tilly), a leading advising, tax, and assurance business, announces the release of their Path to Sustainability toolkit in collaboration with the National Association of College and University Business Officers (NACUBO). This complete road map provides schools and universities with concrete insights and best practices to negotiate these complexity and create a stable and successful operational environment, regardless of their current fiscal situation.
“As trusted advisors to the higher education sector, Baker Tilly is dedicated to providing institutions with the tools and knowledge they need to overcome financial challenges and achieve sustainability and student success,” said Dave Capitano, partner and higher education practice leader at Baker Tilly. “This deliverable is a culmination of our collaboration with NACUBO and a project team of seasoned higher education thought leaders, pooling our collective expertise to address the unique challenges educational institutions are facing.”
“The Path to Sustainability framework is a valuable resource for institutional leaders, financial officers, and decision-makers across the higher education landscape,” said NACUBO Vice President for Consulting Jim Hundrieser. “Our collaborative efforts are intended to foster an environment that drives strategic yet difficult decisions that lead to institutional sustainability and student success outcomes.” Baker Tilly and NACUBO work collaboratively with higher education leaders to ensure the long-term financial health and performance of all colleges and universities across the country.”