Charter School Audits

Institutional Integrity for the Modern Charter School

Charter schools operate within a unique and demanding framework: they must function with the agility of a private enterprise while adhering to the stringent transparency and accountability standards of a government entity. As your school or network scales, the pressure to maintain robust financial oversight increases. From satisfying stakeholders to securing facilities financing, your financial health is the foundation of your educational mission.

We provide the specialized oversight that charter boards demand. You shouldn’t have to bridge the gap between your school’s operational needs and your auditor’s understanding of governmental standards. At Calvetti Ferguson, we provide dedicated teams that understand the nuances of the charter school environment—from enrollment-based funding to the rigors of federal and state grant compliance.

Technical Solutions for Educational Excellence

We provide a unified platform of assurance and advisory services designed to help charter schools professionalize their oversight and satisfy evolving state and federal regulations.

Specialized Audit & Assurance

In the charter sector, an audit is a vital tool for maintaining your charter and ensuring long-term sustainability.

• • • Financial Statement Audits: Delivering independent verification of your financial health, essential for funders, lenders, and community stakeholders.
    • Federal and State Single Audits: Providing the technical depth required for schools receiving government awards, ensuring absolute compliance with both federal and state grant requirements.
    • Internal Control Assessments: Strengthening your financial environment, particularly in high-risk areas such as procurement, payments, and payroll.
    • State Education Department Compliance: Ensuring your reporting meets the specific mandates and timelines of your state’s regulatory bodies.

Strategic Accounting & Business Advisory

We act as a technical partner to your finance team, helping you navigate the complexities of running a nonprofit with the same precision and efficiency as a high-performing corporation.

• • • Proactive Regulatory Preparation: Keeping your leadership team ahead of shifting FASB standards that impact educational reporting.
    • Tax-Exempt Compliance: Managing Form 990 preparation and filing to maintain your 501(c)(3) status.
    • Grant Management Support: Providing the technical clarity needed to track and report on the use of public funds with precision.
    • Facilities & Expansion Planning: Offering the financial insights and due diligence needed when your school is ready to invest in new campus infrastructure.

Why Choose Calvetti Ferguson?

We offer the technical depth of a national firm with the high-level partner involvement that school leaders and boards deserve.

• Education Sector Expertise: Our professionals are deeply familiar with the compliance-first mindset required to protect your school’s standing with its state and federal awarding agencies.
• A Focus on Governance: We engage directly with Charter Boards and Finance Committees to provide the data-backed insights needed for effective stewardship.
• Scale and Efficiency: Whether you are a single-campus school or a growing Charter Management Organization (CMO), our services scale with your complexity.

Ready to Professionalize Your School’s Financial Oversight?

Don’t let compliance complexity distract you from your students. Let’s build the transparent, high-integrity financial foundation your school deserves. Partner with a firm that understands the intersection of educational mission and institutional value.