Tennessee Comptroller of the Treasury
Division of Municipal Audit

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Contract to Audit Accounts

 

We are completing contracts to audit for our Charter School and our student activity funds. Since there will be two different sets of audited financial statements (one for the school and one for the activity funds), are we required to submit two separate contracts?


Yes, separate contracts should be submitted for
(1) the general operations of the charter school at the board level, including centralized cafeteria operations and
(2) student activity funds.