Charter School Financial Training Bill Heads to Governor
The Georgia House of Representatives and now the Senate have passed education House Bill 895 which deals with charter school financial training. It will now go to Governor Nathan Deal for his signature. If the Governor signs it, or if he does not veto it within 40 days after the end of the session, it will become law.
The bill mandates several hours a year of financial training for charter school board members and a financial management certification program for school leaders and personnel in charge of money. It also builds a firewall between school principals and school money, declaring that the leader shall not serve simultaneously as the finance chief.
Charter CFO has deep experience in board consultancy and can assist with helping your board understand its financial responsibilities and roles. We also offer the following financial services:
- Accounting and internal control system implementation
- Accounting software review / implementation / training
- Day-to-day bookkeeping
- Month-end closing
- Budgeting
- Financial planning and analysis
- Payroll support
See what Robert D. Brown III, Board Chair of Provost Academy Georgia has to say about Charter CFO services:
“Candy assumed the role of CFO at Provost Academy after we found ourselves in need of greater professional acumen in both the accounting and financial controls of the school. In a very short period of time, Candy reconciled a number of outstanding issues with tracking our accounts payables and receivables, implemented an online ledger system, and helped us stabilize our budgeting process. We have been very satisfied with her service and contribution, and we would gladly recommend her to anyone needing to organize their financial house.”
Contact us for a consultation today!