Financial Subcommittee - May 10, 2012

Add to Calendar 2012-05-10 14:00:00 2012-05-10 14:00:00 Financial Subcommittee - May 10, 2012 ARIZONA STATE BOARD FOR CHARTER SCHOOLS The Board's new office is located in the State Land Department building at 1616 West Adams Street, Suite 170 Phoenix, Arizona 85007 Easy Access to open parking behind the building on the east and west sides of 16th Avenue, south of Van Buren Thursday, May 10, 2012 Financial Subcommittee 2:00 P.M. NOTICE AND AGENDA  A.  Roll Call B.  Call to the Public  C.  Discussion and possible action on revisions to the FY2012 Audit Documents to require the completion of the Compliance Questionnaires in accordance with the attestation standards established by the American Institute of Certified Public Accountants.  D.  Discussion and possible action on the development and adoption of indicators and respective thresholds for inclusion in the Board’s standards for the financial performance of charter schools sponsored by the Board (“Financial Framework”).Part 1Part 2   - Staff Report- Work Group Members- Discussion Document- Testing Results E.  Discussion and possible action regarding the establishment of conditions within the Financial Framework which must be met to waive the charter holder from any submission requirements related to its financial operations and which when not met provide the charter holder the opportunity to offer additional information or clarification that will be used to inform the Board’s decision-making.  F.  Discussion and possible action on revisions to the FY2012 Audit Documents for the inclusion of Financial Framework actions taken by the Financial Subcommittee.    G.  Adjournment Location Agency Platform - Standard [email protected] America/Phoenix public
ARIZONA STATE BOARD FOR CHARTER SCHOOLS
 
The Board's new office is located in the State Land Department building at
 
1616 West Adams Street, Suite 170
 
Phoenix, Arizona 85007
 
Easy Access to open parking behind the building on the east and west sides of 16th Avenue, south of Van Buren
 
Thursday, May 10, 2012
 
Financial Subcommittee
 
2:00 P.M.
 
 
 
A.  Roll Call
 
B.  Call to the Public Image of Play Button
 
C.  Discussion and possible action on revisions to the FY2012 Audit Documents to require the completion of the Compliance Questionnaires in accordance with the attestation standards established by the American Institute of Certified Public Accountants. Image of Play Button
 
D.  Discussion and possible action on the development and adoption of indicators and respective thresholds for inclusion in the Board’s standards for the financial performance of charter schools sponsored by the Board (“Financial Framework”).
Part 1Image of Play ButtonPart 2  Image of Play Button
 
 
E.  Discussion and possible action regarding the establishment of conditions within the Financial Framework which must be met to waive the charter holder from any submission requirements related to its financial operations and which when not met provide the charter holder the opportunity to offer additional information or clarification that will be used to inform the Board’s decision-making. 
 
F.  Discussion and possible action on revisions to the FY2012 Audit Documents for the inclusion of Financial Framework actions taken by the Financial Subcommittee.   
 
G.  Adjournment
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