California's State Controller Malia M. Cohen announced 20 recommendations focused on preventing and detecting charter school fraud, primarily lingering issues following the A3 charter school fraud case.
The recommendations emphasize the importance of a rigorous annual audit process and enhanced accountability for CPA firms, ensuring they complete specific training related to school fraud.
Cohen highlighted that the primary aim of these recommendations is to prevent fraud before it occurs, noting that recovering funds after fraud has taken place is often difficult.
The task force's efforts are a direct response to the significant financial losses incurred by the state due to the fraudulent activities of charter schools, specifically the $400 million involved in A3's case.
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