Charter Schools: Accounting and Auditing

Massachusetts charter schools are required to keep an accurate account of all of their financial activities. Guidance, requirements, and reviews related to charter school accounting and auditing are provided below.

•   FY2008 Charter School Audit and End of Year Financial Report
  Describes annual financial reporting requirements for FY08.

•   FY2007 Charter School Audit and End of Year Financial Report
  Describes annual financial reporting requirements for FY07.

•   FY2007 Massachusetts Charter School Audit Guide - June 2005
  Describes auditing standards and requirements for all Massachusetts charter schools.

•   Massachusetts Charter School Recommended Fiscal Policies and Procedures Guide - November 2005
  Provides recommendations for charter schools to reference when developing the internal controls of their organization.

•   State Auditor's Report on Establishing Standardized Accounting and Reporting Methods for Massachusetts's Charter Schools Pursuant to Chapter 46 of the Acts of 1997 (6/15/04)

•    State Auditor's Report on Establishing Standardized Accounting and Reporting Methods for Massachusetts's Charter Schools Pursuant to Chapter 46 of the Acts of 1997 (10/30/98)