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California's Top Private Day Schools Choose Armanino for Business and Operational Insights

SAN RAMON, Calif., June 4, 2013 (GLOBE NEWSWIRE) -- In a recent ranking of the nation's top private preparatory schools by a prestigious independent organization that evaluates them, the six schools in California that earned the honor all rely on ArmaninoLLP to deliver insights into their businesses and for effective action that improves their operations.

This year's "Top 50 Best Private Day Schools in the United States" ranking by TheBestSchools.org, a non-profit and independent organization with no ties to any educational institutions, placed the following private day schools in California in its most recent annual list:

Ranking School Location (CA)
6 College Preparatory School Oakland
9 Harvard-Westlake School Los Angeles
24 Crystal Springs Uplands School Hillsborough
27 San Francisco University High School San Francisco
28 Marlborough School Los Angeles
33 Branson School Ross

These schools all choose Armanino to provide advice, accounting and operations support that improves their financial and operational performance, making them more attractive to families seeking quality education for their children.

Armanino is the firm of choice for 6th ranked College Preparatory School in Oakland where Chief Financial Officer Jane Carney appreciates Armanino's insightful analytics.

"Armanino identified several key performance indicators that were different from the traditional independent school metrics," Carney said. "We strive to establish 'best practices' in financial management, so knowing how we stack up from the perspective of our external auditors, and in comparison with the other California schools, has provided valuable insight for our Board and administrative team."

For more than 50 years, Armanino has guided the financial health and integrity of California's best private preparatory and day schools, a fact highlighted by the BestSchools ranking.

"Armanino is passionate about private education, and we are proud to support these academic leaders," said Josh Nevarez, CPA and Partner In-Charge of Armanino's Private Schools Team. "We draw from extensive experience to benchmark schools against a customized peer group, allowing leadership teams to continue to improve operations and ensuring educators focus on what matters most — the success of their students."

Armanino's nonprofit practice is the second largest niche area for the firm, servicing more than 450 nonprofit organizations, including more than 100 private schools. The firm's focus on cultivating client loyalty and providing best-of-industry service results in close, long-term business relationships with these clients.

Many of Armanino's private school clients have worked with the same core partners and engagement teams for 15 years or longer. Armanino provides private schools with the competitive advantage to remain best-in-class or improve their reputation over time which in turn places them in higher demand among families seeking high status schools for their children.

TheBestSchools.org is widely acknowledged as an objective resource for those making decisions about education. It evaluates and ranks schools of all types according to academic excellence, diversity of the student body, student satisfaction, quality and experience of the faculty, modern infrastructure and other factors.

About ArmaninoLLP

Armanino LLP (www.amllp.com) is the largest independent accounting and business consulting firm in California and the 29th largest firm in the United States. Armanino provides an integrated set of audit, tax, consulting and technology solutions to companies in the U.S. and globally. The firm helps clients adapt and change in every stage of business from start-up through rapid growth to the sale of a company. Armanino emphasizes smart technology; leading a cloud revolution of financial, operational, sales and compliance tools that are transforming the way companies do business. Armanino extends its global services to more than 100 countries through its membership in Moore Stephens International Limited – one of the world's major accounting and consulting membership organizations. In addition to its core consulting and accounting practices, Armanino operates two other divisions – AMF Media Group (www.amfmediagroup.com) and Financial Horizons (www.financialhorizons.com).

CONTACT: Lori Colvin Armanino LLP 925.790.2736 lori.colvin@amllp.com Curt Olsen AMF Media Group 925.790.2620 curt@amfmediagroup.com

Source: Armanino