Approved Auditor Program
Over the past decade, authorizers and researchers throughout the nation have identified the issue of inconsistent financial reporting within the charter sector as a barrier to operational success. Difficulties can arise in a variety of areas-from improper accounting to the hiring of unqualified auditors. SCSC staff and commissioners understand that identifying, selecting, and compensating the "right" auditor can be challenging for state charter schools operating as newly formed LEAs. As a result, the SCSC instituted its Approved Auditor Program, through which the SCSC vets and approves highly-qualified CPA firms that meet both state and national accounting standards and covers the cost of annual audits for state charter schools that utilize an SCSC-approved auditor. Selected firms have extensive charter school experience and will provide a level of service from which state charter school governing boards can benefit.
State charter schools are required to receive annual independent audits conducted by a certified professional accountant authorized to do business in Georgia each year. To facilitate timely, accurate, and high-quality audits, the SCSC approves auditors that state charter schools may select to conduct their required audit at the expense of the SCSC.
SCSC Announces Approved Auditor Program Selections for Fiscal Year 2020
The SCSC has selected three qualified CPA firms to participate in its Approved Auditor Program for Fiscal Year 2020. The firms along with links to each of their websites are listed below.
These firms meet both state and national accounting standards required to conduct a charter school’s annual financial audit (for Fiscal Year 2020) for any and/or all SCSC schools.These firms have extensive charter school experience and will provide a level of service from which state charter school governing boards can benefit.