School Business

The Form CEA (Current Expense of Education) measures the annual spending requirement for school districts based on a law that has been unchanged for decades. While the intention of the form is good, the practicality and applicability of the form is waning as nearly 60% of

Position control is a critical set of procedures that helps local educational agencies (LEAs) manage personnel expenditures and maintain fiscal accountability. With personnel costs typically representing 80-85% of total expenditures, implementing an accurate and effective

For many education professionals, federal compliance is an “other duties as assigned” responsibility—often learned through experience and evolving guidance. Yet, compliance requirements are complex, detailed, and critical, with potential consequences including financial penalties

The 2026-27 fiscal year introduces new audit considerations for local educational agencies (LEAs), including those for transitional kindergarten and ongoing compliance challenges in areas like the Expanded Learning Opportunities Program (ELO-P), Attendance Recovery Program, and

The Standardized Account Code Structure (SACS) software is California’s required financial reporting tool for K-12 education, ensuring revenues and expenditures are recorded accurately and consistently. As the system used to report on the use of public funds, a strong

Closing the books—also known as preparing the Unaudited Actuals—is a critical process for local educational agencies (LEAs) that differs in key ways from budget development. While the budget serves as a financial roadmap, year-end close requires LEAs to accurately recognize