Accounting Systems Review

Help St. Thomas-St. John Interscholastic Athletic Asso… with feedback and recommendations on their accounting practices to improve their financial recordkeeping, reporting, and planning.
St. Thomas-St. John Interscholastic Athletic Association
St Thomas, VI, Virgin Islands (U.S.)
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St. Thomas-St. John Interscholastic Athletic Association
St Thomas, VI, Virgin Islands (U.S.)

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Posted November 11th

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Project details

What we need
  • Analysis of accounting needs and assessment of Organization’s current accounting practices
  • Recommendations for process improvements for enhanced reporting
  • Recommendations on appropriate bookkeeping system such as a spreadsheet or Quickbooks and related costs (if necessary)
  • Note: This does not include accounting systems set up or implementation
Additional details

Our organization is in dire need of an assessment of our current accounting practices! Bookkeeping systems need to be implemented to assist us in our mission of providing participation opportunities for all of our islands' student athletes. We have been an organization that depends on bank statements...time for a change!

What we have in place
  • We currently have bank statements, which should make it easy for you to get started. We also have motivated volunteers, and the ability to provide any other information you need.
How this will help
This project will save us $8,564 , allowing us to cover the high end operating costs of insurance and officials' fees that are the foundation of our organization.

Our organization is dedicated to providing sporting opportunities to all students (public, private, parochial and home schooled) to enhance their educational experience. We provide league play in all sports at all levels. Needless to say the operating costs are phenomenal and we feel that by revamping "how" we do what we do will allow us to reach even more children in the future.

Project plan

P
Prep: Distribution of Prep Materials
  • Proficiency with spreadsheet and/or software accounting
  • Understanding of any local regulations or laws that would affect Organization's accounting needs
1
Milestone 1: Analysis & Recommendations
  • Volunteer Manager communicates current accounting needs and practices to Professional
  • Volunteer Manager provides a chart of accounts or operating budget, and any financial statements currently being generated (e.g. statement of financial position, statement of activities, or statement of cash flows), outlining current operational constraints with existing system
  • Volunteer Manager conveys any budget and capacity considerations that might apply to ongoing bookkeeping management
  • Note: If necessary, Volunteer Manager should have Volunteer sign a Non Disclosure Agreement (NDA) prior to sharing and discussing Organization’s financial information.
2
Milestone 2: Final Deliverable
  • Professional provides revised list of recommendations, along with cost estimates and preferred vendors to use for implementation
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About the org

St. Thomas-St. John Interscholastic Athletic Association
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Our mission

The mission of this organization is to initiate, promote and maintain interscholastic athletic competition among public, private and parochial schools in St. Thomas and St. John, U.S. Virgin Islands. We are dedicated to the purposes of promoting clean, fair and well organized athletic contests, helping to promote good sportsmanship between teams, athletes, parents and supporters.

What we do

The St.Thomas-St.John Interscholastic Athletic Association is a not for profit organization that promotes interscholastic athletic competition for all students attending schools in the St.Thomas-St.John school district of the United States Virgin Islands.
Our organization sponsors two fund raising events each year to provide funding to meet the operating costs of our organization.
We schedule interscholastic competitions for all public, private, parochial and home school students within the three sporting seasons. We educate and certify officials under the NFHS who are responsible for officiating at all of our competitions.
We also aid our Department of Education in certifying coaches to enhance students' experiences in sporting events.
Developing students to become vibrant and caring community members in the future is key to our organization's success.

Testimonials

Ganesh is a true gem! He is professional, punctual and precise in his work. He completed our project with no detail left behind. I can't speak to the measure that his work will impact our organization and I hope that he will continue to assist us in the future should it be necessary. He is simply that good!!
Lecia R.

Executive Secretary

Accounting Systems Review Project

Right from the beginning best feedback from Lecia, encouraged me to move on. Every time when I invited her for a meeting, she responded positively. To say wholly, I enjoyed working with them. Still want to work
GANESH M.
GANESH M.

Volunteer

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