Beaufort Jasper Academy of Career Excellence desires the auditor to express an opinion on the fair presentation of the school’s governmental activities and each major fund as of the end of each fiscal year and the respective changes in financial position for the year then ended, in accordance with accounting principles generally accepted in the United States of America. The auditor is not required to audit the introductory section of the report or supporting schedules that may be contained in the annual financial report. The auditor shall also be responsible for performing certain limited procedures involving required supplementary information required by the Governmental Accounting Standards Board as mandated by generally accepted auditing standards. BJACE does not prepare an Annual Comprehensive Financial Report (ACFR). Additionally, federal funds received by BJACE historically do not exceed the amount required for a schedule of expenditures of federal awards.
