Charter Schools and Government

Every school is entrusted with hard earned dollars. Authorizers rely on financial statement information to provide them with accurate information regarding your financial condition. Therefore, our number one goal is to provide the utmost in confidence through our audit attestation services.

The Croskey Lanni team has been intimately involved in the Charter School industry since its inception, working with some of the founding fathers as the industry has grown. We know the industry like few others!

Our audits are conducted in accordance with generally accepted auditing standards and Governmental Auditing Standards issued by the Comptroller General of the United States. We will also evaluate your internal control as it relates to financial reporting and compliance laws, regulations, contracts and grants. During our audits, we frequently note areas within an internal control system that can be approved. In order to strengthen your internal control systems, we will provide you with suggestions whenever possible through a comment and recommendation letter.

The new financial pronouncement, GASB 34, brings about sweeping changes in financial reporting for Charter School Academies. Croskey Lanni is well qualified to ensure that your financial statements are in compliance with this reporting model.

In addition to our audit, we can also assist with preparation of State of Michigan FID transmission. We can also present your financial statements to the school’s board of directors highlighting trends and important fiscal issues.

Croskey Lanni understands the challenges that Charter Schools encounter on a daily basis. From budget constraints to personnel administration, the demands are high. As an originating CPA firm of the Charter School Industry, we’ve grown up working with the founders, management teams and Board of Directors designing our services to meet their needs.

The result has been the offering to Charter Schools the best of two worlds - experience and expertise, combined with the attention and focus that only a firm with our history can provide.

Charter school services include:

• Accounting and information systems consulting
• Board and employee seminars or education
• Employee benefit program assistance
• Human resource assistance
• Internal Controls
• Operational advisory services
• Startup procedures
• Traditional accounting and auditing services

The Croskey Lanni Team is committed to serving your needs. In order to maintain our high quality of service, all professionals are continually updating their knowledge through professional education courses and participation in industry specific organizations including MAPSA and ASBO.

Unlike some firms, Croskey Lanni will always attempt to maintain the same professionals on your account from year to year, further building our working relationships and improving efficiency.

Copyright © Croskey, Lanni & Company, P.C. 2009. All Rights Reserved.