Accounting and Auditing

Massachusetts charter schools are required to keep an accurate account of all of their financial activities. Guidance, requirements, and reviews related to charter school accounting and auditing are provided below.

• Massachusetts Charter School Audit Guide — Effective FY2025

• FY2025 Audit Reference Guide

• Recommended Charter Audit Summary Page

Audit Sample Reporting Packages and Uniform Guidance

• Single Charter Discrete Component Unit

• Single Charter-Uniform Guidance-No Discrete Component Unit

• Network-Uniform Guidance-Discrete Component Unit

• Uniform Guidance DESE CARES Act Funding

DESE and State Guidance

• Massachusetts Charter School Recommended Fiscal Policies and Procedures Guide — June 2015
  Provides recommendations for charter schools to reference when developing the internal controls of their organization.

• State Auditor's Report on Establishing Standardized Accounting and Reporting Methods for Massachusetts's Charter Schools Pursuant to Chapter 46 of the Acts of 1997 (6/15/2004)

Last Updated: July 17, 2025