New York S00552 mandates coordination between state and city comptrollers for annual audits of charter schools in New York City.

New York S00552 amends the education law to require the state comptroller and the comptroller of New York City to coordinate the scheduling and performance of financial audits for charter schools in New York City. These audits must adhere to generally accepted accounting standards and occur at least once annually. The bill ensures that the audit procedures and requirements are consistent with those set forth in the charter.

New York S00552 mandates coordination between state and city comptrollers for annual audits of charter schools in New York City.

New York S00552 amends the education law to require the state comptroller and the comptroller of New York City to coordinate the scheduling and performance of financial audits for charter schools in New York City. These audits must adhere to generally accepted accounting standards and occur at least once annually. The bill ensures that the audit procedures and requirements are consistent with those set forth in the charter.