Each DC public charter school is required to conduct annually a thorough audit of its finances and operations. Each audit is conducted by a third-party auditor, chosen by the school from a list of auditors approved by DC PCSB, the Office of the Chief Financial Officer, and the Office of the State Superintendent of Education. DC PCSB analyzes and summarizes the information in these audits to produce the Financial Analysis Report - formerly referred to as the Financial Audit Review or study of fiscal audits - as a joint project with all three agencies, that present consistent and transparent information about DC public charter schools’ finances and operations.
(Note: The 2023 Financial Analysis Report will be released no later than October 2024.)