2019 Mississippi Code
Title 37 - Education
Chapter 28 - Mississippi Charter Schools Act of 2013
§ 37-28-57. Annual financial audit

Universal Citation: MS Code § 37-28-57 (2019)
  • (1) A charter school must adhere to generally accepted accounting principles.

  • (2) A charter school shall have its financial records audited annually, at the end of each fiscal year, either by the State Auditor or by a certified public accountant approved by the State Auditor. However, a certified public accountant may not be selected to perform the annual audit of a charter school if that accountant previously has audited the charter school for more than three (3) consecutive years. Certified public accountants must be selected in a manner determined by the State Auditor. The charter school shall file a copy of each audit report and accompanying management letter with the authorizer before October 1.

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