TWC Resource Library

TWC Financial Records and Internal Controls Checklist

Use this checklist to assess bookkeeping, reconciliations, tuition and refund records, approvals, system access, record retention, and management oversight at your career school.

TWC New Career School Documentation Checklist

Use this checklist to organize the financial records, funding support, operating projections, and other documentation commonly needed when preparing an initial TWC career-school application.

TWC Annual Financial Reporting Preparation Checklist

Use this checklist to organize the year-end close, tuition and refund reconciliations, financial-stability review, CPA coordination, and final TWC annual reporting package.

TWC Current Ratio and Financial Stability Worksheet

Use this worksheet to calculate your school’s current ratio, identify the financial information used in the calculation, and evaluate potential financial-stability concerns before submitting information to TWC.

TWC Career School Financial Projection Worksheet

Use this worksheet to project student enrollment, tuition revenue, operating expenses, monthly cash flow, and potential funding needs for a new or growing career school.

TWC Balance Sheet Audit Preparation Checklist

Use this checklist to organize the financial records and supporting documentation commonly needed for a TWC balance sheet audit.