Reporting Requirements for Operating Schools
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1 event,T Reporting Requirements: Annual Financial Audit The Audit Report should include the accountant’s report on compliance and internal controls and include, if applicable: Management Letter Management Letter Response Corrective Action Plan Federal Single Audit (Uniform Guidance – 2 CFR Part 200, Subpart F) Form 990 or Extension Schools and their Auditors are required to use |
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1 event,Reporting Requirements: Quarterly Reports Schools must submit a statement of income and expenses within 45 days of the end of Q1, Q2 and Q3. The Q4 statement is due due within 30 days after the end of the quarter so that schools can meet the fiscal requirements outlined in the Annual Report. The statements are due as follows: |
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