Common use of Annual Financial Audit Clause in Contracts

Annual Financial Audit. The Charter School’s governing board will annually appoint an external fiscal auditor, subject to the approval of the District. Said external fiscal auditor must be listed on the State Controller’s Office website as approved to conduct such audits. The audit shall include, but not be limited to: (1) An audit of the accuracy of the Charter School’s financial statements; (2) An audit of the Charter School’s attendance accounting and revenue claims practices; and (3) An audit of the Charter School’s internal control practices. The Charter School shall complete its audit within ninety (90) days of the close of the fiscal year. A copy of the audit report shall be submitted to the District within thirty (30) days of completion, and no later than December 15 of the fiscal year following the fiscal year for which the audit was performed. The Charter School agrees to implement all audit recommendations to the District’s satisfaction, unless other terms are agreed to between the District and the Charter School.

Annual Financial Audit. The Charter School’s governing board will annually appoint an external fiscal auditor, subject to the approval of the District. Said external fiscal auditor must be listed on the State Controller’s Office website as approved to conduct such audits. The audit shall include, but not be limited to: (1) An audit of the accuracy of the Charter School’s financial statements; (2) An audit of the Charter School’s attendance accounting and revenue claims practices; and (3) An audit of the Charter School’s internal control practices. The Charter School shall complete its audit within ninety one hundred sixty-seven (90167) days of the close of the fiscal year. A copy of the audit report shall be submitted to the District within thirty (30) days of completion, and no later than December 15 of the fiscal year following the fiscal year for which the audit was performed. The Charter School agrees to implement all audit recommendations to the District’s satisfaction, unless other terms are agreed to between the District and the Charter School.

Annual Financial Audit. The Charter School’s governing board will annually appoint an external fiscal auditor, auditor subject to the approval of the District. Said external fiscal auditor must be listed on the State Controller’s Office website as approved to conduct such audits. The audit shall include, but not be limited to: (1) An audit of the accuracy of the Charter School’s financial statements; (2) An audit of the Charter School’s attendance accounting and revenue claims practices; and (3) An audit of the Charter School’s internal control practices. The Charter School shall complete its audit within ninety (90) days of the close of the fiscal year. A copy of the audit report shall be submitted to the District within thirty (30) days of completion, and no later than December 15 of the fiscal year following the fiscal year for which the audit was performed. The Charter School agrees to implement all audit recommendations to the District’s satisfaction, unless other terms are agreed to between the District and the Charter School.

Annual Financial Audit. The Charter School’s governing board will annually appoint an external fiscal auditor, subject to the approval of the District. Said external fiscal auditor must be listed on the State Controller’s Office website as approved to conduct such audits. The audit shall include, but not be limited to: (1) An audit of the accuracy of the Charter School’s financial statements; (2) An audit of the Charter School’s attendance accounting and revenue claims practices; and (3) An audit of the Charter School’s internal control practices. The Charter School shall complete its audit within ninety one-hundred sixty-seven (90167) days of the close of the fiscal year. A copy of the audit report shall be submitted to the District within thirty (30) days of completion, and no later than December 15 of the fiscal year following the fiscal year for which the audit was performed. The Charter School agrees to implement all audit recommendations to the District’s satisfaction, unless other terms are agreed to between the District and the Charter School.