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Financial CIA-IV : The Certified Internal Auditor Part 4 Exam

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Financial Auditor teaching

Epic charter faculties now needs in on spending statistics State Auditor simply won in court | CIA-IV PDF Questions and PDF Download

Epic charter schools: A Tulsa World investigation State auditor wins access to Epic's spending facts

From may also 30, 2021: Epic charter colleges’ founders not best lost their grasp on the faculty system that made them millionaires, but they also interestingly lost their combat in courtroom to dam the Oklahoma state auditor and inspector from reviewing their bank and credit card statements.

in keeping with public information filed in Oklahoma County District courtroom on may also 28, a judge has directed Epic youth features, the for-earnings college administration enterprise owned by means of Epic co-founders David Chaney and Ben Harris, to show over all records of purchases and bank statements regarding Epic’s learning Fund for student needs.

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picture by means of The Oklahoman Epic governing board severs all ties with co-founders' for-earnings firm and California college

From may additionally 26, 2021: The governing board of Epic charter schools underwent a tremendous overhaul and then declared its independence from the for-income college administration enterprise owned by way of Epic’s co-founders.

Epic’s seven-member board of education unanimously approved a mutual termination contract, helpful July 1, to end its contract with Epic youth capabilities, which reportedly has made millionaires of founders David Chaney and Ben Harris.

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constitution faculty reforms related to Epic investigation sail through Oklahoma residence

From might also 24, 2021: The Oklahoma house voted 81-17 on Monday on new safeguards and enhanced transparency necessities for constitution colleges managed with the aid of outside providers.

The fate of final-minute legislations house bill 2966 now rests in the palms of the Oklahoma Senate, and it is unclear whether the invoice may be heard in that chamber earlier than the Legislature adjourns later this week.

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Oklahoma digital constitution faculty board may reinstate member

From may 24, 2021: A state respectable who misplaced his vote over Epic charter colleges as a result of a perceived battle of hobby is close to having his recusal overturned.

Mathew Hamrick sued the Oklahoma Statewide virtual constitution college Board and the board’s executive director on April 13 to regain voting energy on Epic-related concerns.

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Courtesy picture condo management moving ahead with multicounty grand jury ideas

From may additionally 21, 2021: management in the Oklahoma residence of Representatives is moving ahead with law according to the excellent and urgent name to motion via the multicounty grand jury probing the Epic constitution colleges saga.

house invoice 2966 is scheduled to be introduced on the flooring and voted on by using the condominium of Representatives.

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Tulsa World File photograph condominium leadership taking up multicounty grand jury options

From might also 10, 2021: individuals of the Oklahoma apartment of Representatives are dusting off legislations that lay dormant and since different new thoughts on account of remaining week’s name to motion by means of the state’s multicounty grand jury, which has been investigating Epic charter schools.

asked if the rest would be achieved by using the Legislature all through the session that ends might also 28, residence Speaker Charles McCall, R-Atoka instructed the Tulsa World: “In mild of the grand jury thoughts, the house will discover options to develop pending legislation filed prior this session relating those strategies if viable within the three weeks remaining within the constitutional session. additional recommendations that may additionally stumble upon the conclusion of the numerous ongoing inquiries into Epic could be reviewed within the legislative meantime for future consideration.”

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Tulsa World File picture Multicounty grand jury blasts use of private bills for taxpayer funds

From may additionally 6, 2021: Oklahoma’s multicounty grand jury issued a wake-up call to the general public, state policymakers and Epic constitution faculties fogeys themselves concerning the monetary practices of the founders and operators of the state’s largest faculty gadget.

In a rare, interior examine an ongoing crook inquiry, the grand jury filed in Oklahoma County District court docket an period in-between record outlining the need for brand spanking new safeguards and enhanced transparency necessities earlier than much more taxpayer dollars are allocated to Epic.

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photograph by the use of The Oklahoman college Board ends Epic termination proceedings as part of deal

From April 27, 2021: A deal has been reached to conclusion sponsorship termination complaints towards Oklahoma’s largest online charter faculty.

In a teleconference assembly lasting lower than 15 minutes, the Statewide digital charter college Board voted with out debate or dialogue to approve a consent contract with Epic charter colleges.

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Tulsa World File photo Epic charter schools board accepts final list of demands

From April 22, 2021: A deal curiously has been struck to conclusion contract termination lawsuits which have been underway for six months against Epic constitution schools with the aid of the sponsor of its statewide digital charter faculty.

Epic’s governing board met for three hours in the back of closed doorways earlier than returning to open session and voting to agree to proposed ultimate consent agreement terms put forth through the Statewide digital constitution college Board at some point previous.

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Board gives Epic's governing board last list of demands

From April 21, 2021: in the again-and-forth over alleged contract violations, the Statewide virtual constitution faculty Board voted to provide Epic charter colleges one closing probability to return to an contract that could halt termination proceedings.

The board heard a presentation on a proposed consent agreement with the aid of Epic’s lawyer invoice Hickman after which Oklahoma Assistant lawyer usual Marie Schuble’s advice that the board no longer approve it.

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Courtesy picture State digital school board member sues

From April 17, 2021: A member of the state agency overseeing digital education is suing that equal company to overturn his disqualification from discussions and votes on Epic charter schools.

Mathew Hamrick filed a lawsuit towards the Oklahoma Statewide digital charter college Board in Oklahoma County District court.

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Epic constitution colleges slapped with new $10.5 million penalty

From April sixteen, 2021: For the 2d year in a row, Oklahoma State branch of education officers say Epic charter schools' personal spending reviews to the state replicate administrative costs neatly above statutory limits for all public faculties and the school is still out of compliance with obligatory school cost accounting.

The state’s greatest faculty equipment changed into notified in a letter that it is being assessed penalties totaling at least $10.5 million over the the rest of the fiscal 12 months ending June 30 for both its faculties, Epic One-on-One and Epic Blended studying facilities.

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Tulsa World File photograph Epic constitution colleges board makes eleventh-hour try to settle termination complaints

From April 15, 2021: Epic constitution faculties’ governing board has determined to present up an eleventh-hour agreement to the Statewide digital charter faculty Board to be able to halt termination lawsuits that call into question the way forward for one of Epic’s two faculties.

In a 12:20 a.m. may 14, 2021 vote, Epic board individuals gave unanimous approval to the phrases of a “consent settlement,” which their attorney will convey to the Statewide digital charter college Board for consideration.

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Zoom video assembly screengrab Epic board votes to trade secret gaining knowledge of Fund

From April 14, 2021: Governing board contributors for Epic constitution schools simply voted to make a change that will end one of the crucial school’s most controversial accounting practices used to take care of the use of tens of tens of millions of taxpayer bucks over the final decade.

Epic’s discovering Fund bucks for scholar needs might be positioned in new bank money owed totally under faculty personnel handle beginning July 1.

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legislations to negate board decision would ship scientific marijuana cash to a few charter colleges

From April 7, 2021: legislation meant to with no trouble negate a state school board determination would create a new structure for charter colleges, including a “building fund” financed by the present clinical marijuana tax.

the new legislation changed into prompted by means of the State Board of schooling’s four-3 vote to settle an extended-standing lawsuit with a charter college organization in such a method as to make tens of tens of millions of dollars in native school taxes available to charter faculties.

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Tulsa World File photograph Statewide virtual college board units termination proceedings

From April 6, 2021: The Statewide digital charter school Board has voted to circulation forward with contract termination proceedings towards Epic constitution schools in a two-day trial set for may also 12-13.

At a gathering, all three board contributors existing additionally voted to deny Epic’s action to brush aside the termination lawsuits altogether.

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residence to get legislation addressing considerations raised through constitution schools decision

From April 5, 2021: law induced by means of a controversial State Board of schooling vote remaining week is anticipated to be delivered within the Oklahoma house of Representatives average education Committee.

Rep. Kyle Hilbert, R-Bristow, demonstrated that he intends to file a committee exchange to Senate bill 229 that would bar digital constitution colleges from receiving native constructing fund earnings.

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Tulsa World File photo TPS demands state board rescind vote on state funding lawsuit

From March 29, 2021: Tulsa Public colleges demanded that the Oklahoma State Board of training rescind its Thursday vote that might have the useful impact of redistributing tens of hundreds of thousands of state greenbacks to charter colleges.

Superintendent Deborah Gist talked about to distract from how underfunded as a whole Oklahoma’s public college device is, state leaders are pitting different types of public faculty leaders towards one an additional.

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photo by way of STEPHEN PINGRY/Tulsa World File Majority of state ed board votes to settle years-historic charter colleges lawsuit

From March 26, 2021: The Oklahoma State Board of schooling break up four-3 in voting to settle a years-ancient lawsuit seeking tens of millions greater within the share of state taxpayer dollars that every one constitution colleges receive. The flow got here against the amazing objections of State Superintendent pleasure Hofmeister and interestingly the legal information of the board’s own lawyer. In her public feedback all through the remote meeting, Hofmeister made a degree of revealing that the contract present had been bought just one day earlier.

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Video screengrab State board's time limit for $eleven.2 million repayment by means of Epic passes without a price

From March 24, 2021: Oklahoma State department of schooling officers say the closing date for Epic constitution schools to repay $eleven.2 million passed devoid of payment and they are when you consider that subsequent steps and reviewing Epic’s latest response to the state auditor’s findings.

“As required via statute, this be counted will be on Thursday’s State Board of schooling agenda to agree with their response and determine next steps, which may also consist of litigation,” mentioned State Superintendent joy Hofmeister, in a written response to the Tulsa World.

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Tulsa World File image State Senate, residence hear no bills regarding Epic charter schools audit findings

March 15, 2021: The State Auditor and Inspector’s file on Epic charter schools last fall blanketed a bunch of thoughts for policymakers to consider to enhance transparency and accountability for using tens of millions of taxpayer dollars each year.

So why have leaders within the Oklahoma Senate and condominium of Representatives no longer heard any legislation concerning the forensic audit findings?

A coalition of 16 grassroots guardian businesses for public schools throughout the state says it sees the Legislature’s inaction as a glaring omission in a session wherein a large number of training bills were brought to the forefront.

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Epic co-founder's audit recommendations make it into law

March eleven, 2021: In Epic charter schools co-founder’s suggestions for the way State Auditor and Inspector Cindy Byrd’s workplace operates found their means right into a bill that handed the Senate floor.

On Oct. 1, Byrd’s workplace issued an audit particularly important of Epic’s managing of tens of thousands and thousands of taxpayer dollars, but Epic has denied crook wrongdoing and branded the state’s investigative audit report as an assault on school choice.

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Courtesy photograph Termination proceedings in opposition t Epic constitution colleges delayed once more

State lawmakers this session have not yet taken up any legislations to address considerations stated in a state audit of Epic constitution colleges.

Tulsa World File $11.2 million repayment from Epic charter faculties to state is delayed; public statistics lawsuit stalls

Jan. 26, 2021: Epic charter faculties’ closing date for repaying the state $11.2 million has been pushed lower back a month, and the State Auditor’s workplace has reportedly recognized extra administrative payroll can charge violations, the Tulsa World has realized.

meanwhile, the State Auditor and Inspector’s lawsuit in pursuit of public information to account for Epic’s outdated use of a further $79 million in taxpayer greenbacks for something Epic calls its “discovering Fund” appears to have stalled.

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Epic charter faculties including human, monetary materials to address deficiencies id'd by means of state auditor

Jan. 25, 2021: Epic charter colleges’ statewide digital constitution faculty brought new hires and reduced in size with a 2nd accounting company in accordance with issues recognized in a contemporary state investigative audit.

At Epic One-on-One’s monthly governing board meeting, the hiring of Jeanise Wynn, who has been the business manager at Edmond Public schools, become announced. Wynn will serve because the school’s new assistant superintendent of finance, reporting without delay to the governing board.

Longtime Epic Chief financial Officer Josh Brock will now serve handiest the faculty’s outdoor, for-profit administration company, referred to as Epic youth capabilities.

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photograph by way of The Oklahoman school funding adjusted: Tulsa County districts down $31 million; Epic good points $156 million

Jan. 12, 2021: An inflow of new college students netted Epic constitution colleges’ two essentially online school decisions an further $156 million, whereas four different becoming on-line colleges picked up a further $13.9 million.

however about 500 of the state’s 509 school districts and 31 charter faculties noticed rate reductions, with almost a hundred and twenty of these down 10% or more from what the state instructed them to predict in late August.

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school finance chiefs name on state leaders to intervene before hike in funding to Epic charter schools

Dec. eleven, 2020: In a letter sent this week, chief monetary officers from 14 school districts called on state leaders to see to it that Epic’s upcoming midyear adjustment in state funding be “stayed or modified” until Epic’s pupil “enrollment numbers and different company practices are validated to be lawful and compliant.”

It became signed through district officers from Tulsa, Ardmore, Bartlesville, broken Arrow, Enid, Lawton, Moore, Muskogee, Mustang, Norman, Putnam metropolis, Tahlequah, Union and Yukon.

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Tulsa World File picture Two board contributors barred from all Epic charter colleges matters over battle-of-interest concerns

Dec. 9, 2020: In two separate votes, the board voted 3-2 to recuse Mathew Hamrick and Phyllis Shepherd from discussions, debates and votes on Epic One-on-One, Oklahoma’s greatest digital college.

Hamrick and Shepherd forged the “no” votes in both circumstances.

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Epic constitution faculties' board amends contract with for-profit administration company, directs accounting apply changes

Dec. 8, 2020: In a meeting that went late into the nighttime, the governing board at Epic constitution schools handed yet a further resolution directing a host of accounting and oversight adjustments and amending its contract with a for-earnings school management enterprise.

Board individuals and their lawyer mentioned the movements on behalf of Epic One-on-One, Oklahoma’s greatest digital faculty, had been in keeping with numerous considerations and deficiencies identified currently via the Oklahoma State branch of training, the State Auditor and Inspector’s workplace and the Statewide virtual charter college Board.

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Courtesy photograph Governor gets rid of board president leading inquiries into Epic

Nov. 14, 2020: Gov. Kevin Stitt removed the president of the Statewide digital charter faculty Board who lately led the initiation of termination complaints towards Epic charter schools and challenged two other board individuals about knowledge conflicts of activity with Epic.

John Harrington changed into notified with the aid of Stitt’s newly appointed secretary of training that his carrier on the Statewide digital constitution school Board become over useful automatically.

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photo via MATT BARNARD/Tulsa World Epic constitution schools gets a pass on accreditation downgrade

Nov. 12, 2020: The Oklahoma State Board of education chose to delay the tips of its legal professional to take punitive action against the state accreditation of Epic charter colleges.

generic information Brad Clark offered to the board statistics he said showed a years-lengthy historical past of Epic’s “nonresponsiveness and noncompliance” with state department of schooling requests for suggestions about its use of taxpayer dollars — and new deficiencies found out in experiences of Epic’s federally funded classes for special training and homeless students and English learners.

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Zoom assembly screengrab Lawmakers call for audit of State branch of training

Nov. 11, 2020: Some Republican lawmakers are calling for an audit of the State branch of schooling, citing a contemporary audit that discovered problems with Epic charter colleges and the agency. “If the state auditor is suitable in her evaluation that the State department of education many times disregarded its responsibility to make sure compliance with OCAS (Oklahoma charge Accounting equipment) and different required stories, one should ask if this dereliction of responsibility changed into restricted fully to Epic constitution colleges or if it permeates all through or public education device,” pointed out a statement launched by the lawmakers. “If SDE did truly robotically fail to operate its regulatory tasks, this could result in the discovery of lots of of hundreds of thousands of greenbacks of misused dollars.”

<&underline>click on right here to examine extra</&underline> photograph through MATT BARNARD/Tulsa World Tulsa lawmaker vows systemic overhaul

Oct. 27, 2020: Rep. Sheila Dills, R-Tulsa, introduced that she is working on legislation that could significantly alter Oklahoma’s device for overseeing public school finances to “give protection to taxpayers.”

“half one of the vital state audit of EPIC constitution colleges demonstrated an alarming breakdown with the present device of public faculty oversight,” Dills mentioned in a written statement released statewide.

“We have to reorganize the system to be certain all schools are held liable, now not just virtual constitution faculties. Taxpayers deserve insurance policy and efficient government, and it's necessary this certainly not occurs once more in any college.”

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Courtesy image Epic constitution colleges governing boards reply to latest moves by means of two state schooling boards

Oct. 21, 2020: An Epic constitution colleges’ governing board member known as the findings of a state investigative audit and the resulting movements by using two separate state training boards “politically inspired.”

The identical governing board contributors serve both Epic One-on-One and Epic Blended researching centers, Epic’s two separate faculties with different fashions and separate charter school sponsors.

At an Oct. 21 meeting, attorneys for Epic reviewed their aspect-by-factor response doc rebutting many of the forensic audit findings State Auditor and Inspector Cindy Byrd released on Oct. 1.

“I’ve sat right here for 10 years, and that i’ve on no account heard of anything like this. And now abruptly this — and that doesn’t quite measure up to me,” referred to board member Mike Cantrell.

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photo via IAN MAULE/Tulsa World Epic constitution schools board member resigns amid state audit fallout

Oct. 20, 2020: one of Epic constitution faculties’ governing board individuals has resigned amid fallout from the state’s new investigative audit findings.

in accordance with posted board agendas for meetings of the Epic One-on-One and Epic Blended researching facilities boards, Liberty Mitchell has resigned and the board will accept as true with accepting functions for her substitute.

The Oklahoma State Auditor and Inspector’s Oct. 1 file discovered oversight to be lacking on the part of Epic’s “handpicked” governing board participants, selected by way of school co-founders David Chaney and Ben Harris, “whose for-profit college administration business contract and performance should still be overseen by means of an impartial board,” the report states.

In all, $one hundred twenty five.2 million of the $458 million allotted to Epic charter colleges for educating college students the past six years changed into found to have ended up within the coffers of Epic adolescence functions, Chaney and Harris’ charter school management business, which reportedly has made them millionaires.

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picture through IAN MAULE/Tulsa World education coverage leaders from state Senate, condominium contemplate Epic charter colleges audit findings

Oct. 19, 2020: The State Auditor and Inspector’s record on Epic constitution faculties protected a bunch of ideas for policymakers to consider to raise transparency and accountability for using taxpayer greenbacks sooner or later.

So what do schooling coverage leaders from the Oklahoma State Senate and condominium of Representatives make of the forensic audit findings?

Most said the want for further law became made clear — and none gave any credence to Epic’s claims that State Auditor Cindy Byrd’s findings were politically motivated or rooted in opposition to charter colleges or dad or mum college alternative.

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image by MATT BARNARD/Tulsa World Statewide virtual constitution college Board member is relative of Epic co-founder

Oct. 15, 2020: The lone member of the Statewide virtual charter college Board to vote no on termination complaints against Epic charter faculties this week is a family member of 1 of the college’s two co-founders who have reportedly develop into millionaires through their deal to control the faculty.

In diverse public social media posts, board member Phyllis Shepherd wished Epic’s David Chaney “happy birthday, nephew” and signed anniversary smartly desires to him from “Aunt Phyllis.”

A tip-off to the posts induced the Tulsa World to track down public genealogy records that demonstrate Chaney and Shepherd are related on Chaney’s father’s aspect of his family unit.

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Statewide virtual charter college Board votes to begin contract termination technique towards Epic charter colleges

Oct. 13, 2020: The Statewide digital charter faculty Board voted Tuesday, Oct. 13 to start contract termination proceedings towards Epic constitution faculties in response to the state’s new forensic audit.

Assistant lawyer common Marie Schuble informed that the board pursue the count according to guidance that the operators of the state’s biggest digital faculty may also have failed to meet contract standards for fiscal management and violated a variety of legal guidelines, in addition to for “respectable trigger.”

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photograph by DOUG HOKE/The Oklahoman State training board calls for $eleven.2 million again from Epic constitution colleges over state audit findings

Oct. 12, 2020: The Oklahoma State Board of education voted unanimously to demand again $eleven.2 million in taxpayer funding from Epic charter faculties in response to an investigative audit that recognized chronically extreme administrative overhead prices and inaccurate charge accounting.

Brenda Holt, audit manager for the particular investigative unit of the State Auditor and Inspector’s workplace, exact the brand new state audit findings for the board.

“Oversight as an entire changed into vulnerable. There was little or no verification of the underlying documentation from Epic,” Holt advised the board. “The advice become taken at face value.”

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picture through MATT BARNARD/Tulsa World Lawmakers announce joint listening to on Epic constitution colleges audit

Oct. 12, 2020: State lawmakers introduced that they'll hang a joint listening to to head over an investigative audit crucial of Epic charter schools.

State Reps. Rhonda Baker, R-Yukon, and Mark McBride, R-Moore, spoke of they might hold the joint listening to Oct. 21 to move over the audit and quiz State Auditor and Inspector Cindy Byrd in regards to the record’s findings.

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picture by JOHN CLANTON/Tulsa World Oklahoma AG's office takes reins in Epic charter faculties investigation

Oct. 12, 2020: The state attorney prevalent has appointed particular assistance to take over a evaluate of Epic charter faculties after the outcomes of an investigative audit induced Oklahoma’s superintendent of schools to vow to recoup thousands and thousands in taxpayer greenbacks.

legal professional well-known Mike Hunter observed Oct. 12 in a news free up that Melissa McLawhorn Houston will serve as particular suggestions within the rely, and that he has recused himself and a lot of in his office from further evaluation of the audit because of their involvement in a few Epic-related investigations and litigation. The office additionally serves as counsel to the digital charter school Board, which on Oct. 13 may vote to terminate the contract with Epic.

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State training board calls particular meeting on Epic charter colleges audit

Oct. 9, 2020: a distinct meeting of the Oklahoma State Board of education has been known as to talk about the newly launched findings of the state’s forensic audit of Epic charter colleges.

The meeting is to be carried out pretty much starting at eleven a.m. Oct. 12, based on the agenda posted Oct. 9 morning.

That agenda comprises a presentation and dialogue in regards to the audit and a probable government session with the board’s criminal suggestions “concerning a pending investigation, claim or action” concerning Epic.

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Superintendent Hofmeister responds to accountability screw ups referred to in state audit of Epic constitution colleges

Oct. 5, 2020: State Superintendent joy Hofmeister is vowing to take new actions to “recoup” millions in taxpayer bucks from Epic charter schools amid a brand new forensic audit that paints a damning graphic of her administration’s coping with of Epic for decades.

The workplace of State Auditor and Inspector Cindy Byrd found within the Oklahoma State department of training an accounting gadget preoccupied with college district compliance — with little to no verification of the counsel they file or accountability for falsehoods or different failings.

In an interview with the Tulsa World, Hofmeister pointed to an earlier reporting closing date imposed on colleges last yr that already resulted within the state Board of schooling slapping Epic with a $530,000 penalty.

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photo by CHRIS LANDSBERGER/The Oklahoman 'Epic owes Oklahoma $8.9 million': mistaken transfers, chronic misreporting discovered through state auditor's investigation

Oct. 2, 2020: The Oklahoma State Auditor and Inspector’s tons-predicted investigative audit of Epic charter schools has discovered it sends about 1 in 4 taxpayer greenbacks it receives as a public faculty to its co-founders’ for-earnings enterprise.

half I of what's expected to be a two-part document documented accounting practices that allowed Ben Harris and David Chaney’s Epic early life services charter faculty management company to raise their revenue with the aid of practically $2 million amid lax college board oversight and little to no accountability for Epic schools’ chronically inaccurate cost reporting to state education officials.

In all, $125.2 million of the $458 million allocated to Epic constitution colleges for teaching students the previous six years ended up in the coffers of EYS, in response to State Auditor and Inspector Cindy Byrd.

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image by using CHRIS LANDSBERGER/The Oklahoman officers name Epic audit findings 'concerning,' 'deeply demanding,' 'troubling'

Oct. 1, 2020: despite the fact the state audit of Epic charter colleges took greater than a 12 months to complete, reactions to a few of its findings on Oct. 1 got here tons greater unexpectedly.

the first of what is expected to be a two-part record — which special mistaken transfers, persistent misreporting of fees and lax oversight — became launched Oct. 1 afternoon by State Auditor Cindy Byrd along side a information convention.

“while we are nonetheless reviewing the complete contents of the audit, the preliminary findings are regarding,” observed Gov. Kevin Stitt, who referred to as for the audit last yr.

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image by the use of The Oklahoman Key findings and conclusions from the Oct. 1, 2020, report

Epic One-on-One and Epic Blended gaining knowledge of facilities paid EYS, the faculty co-founders' for-income administration enterprise a complete of $seventy nine.3 million in taxpayer cash for pupil learning wants in lump sum funds first targeted to the public in an investigation by the Tulsa World. however EYS has blocked the state auditor entry to facts of how those public greenbacks are being spent.

Key findings and conclusions from the Oct. 1, 2020, file

Epic adolescence functions “erroneously got” an extra of $686,0000 in management charges for the closing 5 years, and the college’s personal, handpicked auditors did not identify the calculation concern year in and yr out. The state auditor talked about EYS may still return those dollars to the colleges.

Key findings and conclusions from the Oct. 1, 2020, file

Epic formative years features, the faculty co-founders' for-earnings constitution school administration business, “improperly transferred” $203,000 in Oklahoma taxpayer greenbacks from the student researching Fund account to help cover payroll shortages at Epic’s California constitution school.

Key findings and conclusions from the Oct. 1, 2020, record

Epic has improperly commingled, or blended, public greenbacks allotted for its two, separate constitution faculties, including the use of one single bank account for student discovering cash for each schools. The audit also found $6 million in funds and $3.3 million in loans from one school to the different without school board approval.

Key findings and conclusions from the Oct. 1, 2020, report

Epic’s multi-year deals totaling $525,000, for the faculty’s promotional promoting and branding on playgrounds interior shopping malls in Tulsa and Oklahoma metropolis violate the Oklahoma charter.

Mashiur Rahaman/Oklahoma Watch Epic constitution faculties goals state senator once more in pre-election email to fogeys

Aug. 25, 2020: Epic charter faculties’ feud with a state senator who has wondered the way it experiences a few of its pupil enrollment and attendance has continued in the course of the eleventh hour earlier than Tuesday (Aug. 25)’s fundamental runoff election.

In an e-mail to students’ folks despatched late ultimate week, Epic referred to as Sen. Ron Sharp, R-Shawnee “a dishonest and relentless critic of our school” and denied being obstructive or accomplishing bad campaigning against him.

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Tulsa World File photo Epic charter colleges founders and backers sustain campaign affect spending amid state investigations

Aug. 21, 2020: The operators of Epic charter schools and their backers have persevered to advertise and protect their political hobbies at the state Capitol with the aid of donating to candidates as legislations enforcement and state auditor’s investigations have been underway.

A assessment of the state’s crusade finance information via Aug. 17 reveal those with ties to Epic charter schools have contributed $seventy three,660 to a variety of candidates and explanations considering January 2019.

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State senator sued by using Epic constitution colleges awarded legal charges plus $500,000 in sanctions

Aug. 13, 2020: A choose ordered Epic constitution faculties to pay a state senator it had targeted in a libel and slander lawsuit $36,000 for his prison costs plus $500,000 in sanctions.

Sen. Ron Sharp, R-Shawnee had raised questions in the summer of 2019 concerning the school’s scholar attendance and enrollment practices, and Epic sued him in December, in quest of at least $seventy five,000.

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image via The Oklahoman Enrollment already up seventy seven% throughout Oklahoma's six digital charter faculties amid COVID-19 pandemic

Aug. 12, 2020: fogeys seeking to forgo any in-school guide for 2020-21 have already despatched scholar enrollment in Oklahoma’s statewide online public faculties sky excessive, in line with new tips from a state training company.

The Statewide digital charter school Board has tracked Aug. 1 student enrollment due to the fact 2015 and located a 12 months-over-year raise of pretty much seventy seven% between this yr and the equal time remaining 12 months.

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Epic co-founder claims innocence in new video handle amid lower back-to-school pupil recruiting power

July 30, 2020: one of the co-founders of Epic charter schools took to YouTube and addressed mum or dad skepticism of the school because of the still-looming legislation enforcement investigation and state investigative audit into its use of public cash.

in the newly posted video, Ben Harris spoke of Epic is seeing an magnificent spike in enrollment in its on-line college model as a result of the COVID-19 pandemic and that he hopes households hunting for a brand new alternative “shed any considerations they have about Epic as a result of what they've viewed within the news.”

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Tulsa World File picture Epic becomes Oklahoma's largest faculty district as pandemic pushes digital enrollment

July 23, 2020: Epic charter colleges counted 38,026, making it the biggest district within the state.

This exceeds the previous No. 1, Oklahoma metropolis Public colleges, which predicts 34,867 students this autumn. Tulsa Public schools initiatives 34,405 college students, not together with websites for alternative colleges and partnership programs. The virtual college is adding 1,000 new college students a day in an enrollment spike that started this month, pointed out Shelly Hickman, assistant superintendent of communications.

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Tulsa World File image Oklahoma Statewide virtual charter school Board desires to weigh in on courtroom case involving Epic

July 15, 2020: The Oklahoma Statewide digital charter faculty Board helps the position of the state auditor and inspector, who has gone to court over Epic’s lack of compliance together with her public information requests and administrative subpoenas. At situation is Epic’s defensive its use of tens of hundreds of thousands of taxpayer dollars for something it calls the getting to know Fund.

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State Chamber says no conflicts of pastime in prison submitting despite Epic constitution colleges' membership, college founder on Chamber board of directors

may additionally 27, 2020: The State Chamber of Oklahoma wants to intervene in the state’s felony effort to compel Epic constitution faculties’ for-earnings operator to conform to an investigative audit but did not speak in confidence to the court docket that Epic is a dues-paying member and its founder is on the chamber’s board of directors.

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Epic charter schools' for-profit administration firm refuses to unlock files to investigators, Oklahoma attorney conventional says

March 5, 2020: The Oklahoma lawyer frequent’s workplace went to court docket on Thursday because it says Epic charter faculties’ for-profit operator has now not been cooperating with the state’s investigative audit.

In July, Gov. Kevin Stitt requested an investigative audit of Epic and all its linked entities by way of State Auditor and Inspector Cindy Byrd. however in a movement filed in Oklahoma County District court docket on Thursday, the lawyer frequent’s office says Epic adolescence features has been refusing to comply with the auditor’s public data requests or subpoenas for months. study the story from body of workers author Andrea Eger 

photograph by JIM BECKEL/The Oklahoman 'Our children have become a piggy bank': Epic constitution faculties shields $50M in taxpayer funds from public scrutiny

Feb. 23, 2020: On desirable of a 10% cut of each dollar of revenue, Epic constitution faculties is paying its for-income administration enterprise millions greater in taxpayer greenbacks each year for college costs that are certainly not audited and which Epic claims are shielded from public scrutiny.

faculty officers now renowned payments for outdated years totaled $50.6 million for whatever thing Epic calls the “discovering Fund.” And in response to a fresh uptick in scholar enrollment, Epic’s allocation for 2019-2020 alone can be $28 million. study the story from group of workers writer Andrea Eger. 

BRYAN TERRY/The Oklahoman Lawmakers accuse Epic of intimidation attempt with defamation lawsuit in opposition t state senator

Dec. 14, 2019: Tulsa-area lawmakers blasted Epic constitution schools for suing a state senator for slander and libel over statements he reportedly made whereas questioning the college’s pupil attendance practices. Rep. Sheila Dills, R-Tulsa, called the lawsuit filed in opposition t Sen. Ron Sharp, R-Shawnee, an try and silence parts whose concerns legislators are sworn to represent and an try and intimidate different lawmakers simply earlier than their first time limit to file bills for the upcoming 2020 session.

study the story with the aid of personnel creator Andrea Eger. STEPHEN PINGRY/Tulsa World file Epic constitution faculties sues state senator who wondered student attendance and funding, accusing him of slander

Sen. Ron Sharp speaks in his Capitol workplace about Epic charter schools’ lobbying efforts last yr. MATT BARNARD/Tulsa World file

Epic constitution colleges advertising itself with multimillion-dollar advertising campaign, plus $9,000 per month shopping mall playground sponsorships

Aug. 30, 2019: switch on the television or radio, get on-line and even go to a looking mall and you’re more likely to see advertisements and promotions for the state’s greatest virtual school, Epic charter colleges.

How tons is that this returned-to-school promoting blitz costing? just about $2.5 million.

And sponsoring infants’s play areas inside Tulsa’s Woodland Hills Mall and Oklahoma metropolis’s Penn rectangular Mall through multiyear leases with the shops’ owner adds up to $one hundred and five,000 in prices per year. read the story through team of workers creator Andrea Eger.

OSBI investigating new allegations of forgery by way of Epic constitution faculties' co-founder and CFO, willful overlook through board members

Aug. 22, 2019: The Oklahoma State Bureau of Investigation accomplished one more search warrant in its investigation into Epic constitution colleges, and its inquiry now contains new allegations in opposition t administrators and governing board individuals. read the story via body of workers creator Andrea Eger.

image with the aid of IAN MAULE/Tulsa World File How does Epic charter schools stack up academically? take a look at scholar skillability examine scores

Aug. 20, 2019: Epic charter colleges trails statewide averages on all 14 state assessments for college kids in grades three to eight and posted proficiency fees on four of those tests on par with and even lower than the perennially low Tulsa and Oklahoma city internal-metropolis districts.

Epic’s new superintendent features to funding stages for his school and the lagging achievement stages of the throngs of students who've made the change to Oklahoma’s largest online college device. study the story by using personnel creator Andrea Eger.

photo by using STEVEN RECKINGER/Tulsa World Epic charter schools' expansion into Texas in limbo amid new revelations about crook investigation

Aug. 1, 2019: Epic constitution faculties’ growth into Texas has been halted just a few weeks earlier than the beginning of the new college 12 months.

On June 5, Epic publicly announced it had a take care of iSchool virtual Academy of Texas, or iSVA, a public charter college, to offer college students there in grades 3-12 its blended researching mannequin, which combines on-line and in-adult guide. iSchool digital Academy’s governing board accepted the contract with Epic on June 14. examine the story by way of team of workers author Andrea Eger.

Tulsa lawmaker uses rarely invoked prison provision to attend closed-door assembly on Epic constitution colleges investigation, educators

July 27, 2019: When the Oklahoma State Board of education met at the back of closed doors this week to talk about investigations into Epic constitution faculties and proposed movements in opposition t educators’ state certifications, they'd a distinct observer latest.

State Rep. Sheila Dills, a freshman Tulsa lawmaker, used a hardly invoked legal provision in state legislations to sit down in on the state board’s executive session. study the story by way of group of workers creator Andrea Eger. 

New information show Epic constitution colleges' sponsor changed into in touch with state auditor for months earlier than scandal

July 22, 2019: The Tulsa World has obtained public statistics that point out one in all Epic constitution schools’ own charter school authorizers has been in contact with the State Auditor’s office for months about a probable audit. On Friday, Gov. Kevin Stitt requested an investigative audit of Epic and its connected entities through State Auditor Cindy Byrd. Byrd declined to comment on Stitt’s request, however proven her office has already been in touch with the Statewide digital charter faculty Board about questions. study the story through personnel creator Andrea Eger.

JIM BECKEL, The Oklahoman Governor requests state audit of Epic constitution colleges; college's sponsor already involved with state auditor

July 20, 2019: Gov. Kevin Stitt on Friday requested an investigative audit of Epic constitution schools and its related entities by means of State Auditor Cindy Byrd.

The Tulsa World has also obtained public records that indicate one among Epic’s own constitution college authorizers has been involved with the State Auditor’s office for months about a probable audit.

Byrd declined to touch upon Stitt’s request, but tested her office has already been in contact with the Statewide digital constitution school Board about questions. read the story by group of workers writer Andrea Eger.

photo by means of JIM BECKEL/The Oklahoman facts reveal FBI has additionally been looking into Epic charter faculties, together with federal schooling investigators

July 18, 2019: The Federal Bureau of Investigation and the U.S. branch of schooling’s legislations enforcement arm have additionally been probing Epic constitution colleges’ scholar enrollment practices and budget, public facts received through the Tulsa World exhibit.

Emails with officers on the Oklahoma State department of schooling and Statewide virtual constitution school Board demonstrate that federal investigators have been at work behind the scenes in the years after the Oklahoma State Bureau of Investigation’s preliminary inquiry into allegations of fraud at Epic resulted in no fees. read the story by way of personnel author Andrea Eger.

State superintendent reacts to Epic charter schools investigation; online college reputable claims innocence

July 17, 2019: State education officers pledged their counsel to investigators who have accused the operators of Oklahoma’s largest on-line college of embezzlement and racketeering.

In late February, the Tulsa World was the first to file that Epic constitution colleges changed into under investigation through state and federal authorities.

On Tuesday, the Oklahoma State Bureau of Investigation filed records in Oklahoma County District courtroom revealing that it had seized facts in its investigation of even if Epic had wrongly obtained hundreds of thousands of taxpayer dollars via falsely inflating its student enrollment figures. examine the story via body of workers author Andrea Eger.

picture by way of IAN MAULE/Tulsa World State senator raises new questions about Epic constitution colleges and oversight through Oklahoma State branch of schooling

July 12, 2019: A state senator is raising new questions on Epic constitution colleges, the operator of Oklahoma’s greatest statewide digital constitution faculty and facilities that mix online and in-grownup guide in Tulsa and Oklahoma counties. study the story with the aid of personnel writer Andrea Eger.

picture through MATT BARNARD/Tulsa World leadership alternate at Oklahoma's greatest digital constitution school possible necessitated via new transparency, conflict of interest law

might also 7, 2019: New restrictions on conflicts of pastime at virtual charter colleges will necessitate a change at the proper of the organizational chart at Epic charter colleges, in line with the Tulsa lawmaker who subsidized law to crack down on such practices. examine the story with the aid of body of workers writer Andrea Eger. 

image by means of DOUG HOKE/The Oklahoman State Senate passes new transparency reporting necessities for virtual charter schools; bill headed to Gov. Stitt subsequent

April 25, 2019: New restrictions on digital charter colleges sailed in the course of the Oklahoma Senate on Wednesday, in an identical style to the state apartment of Representatives’ vote on the measure last month. examine the story via body of workers creator Andrea Eger.

Tulsa World File photo State education officials deny clearing Epic charter schools in investigation, despite school's new claims

April 24, 2019: Epic charter colleges on Tuesday issued a news free up and social media posts for his or her teachers and fogeys declaring that a newly issued audit by using state training officials proved they're in “full federal compliance” with requirements for low-income and special education students. study the story by way of group of workers creator Andrea Eger.

image through IAN MAULE/Tulsa World Epic constitution colleges, faculty reform and funding wants on the minds of Tulsa Republicans at Friday event with State Superintendent joy Hofmeister

March sixteen, 2019: State Superintendent pleasure Hofmeister fielded questions Friday about accountability, imposing new reforms and a statewide digital charter school it really is beneath investigation by using state and federal legislation enforcement. read the story by using staff creator Andrea Eger.

image by way of MATT BARNARD/Tulsa World New transparency reporting requirements for virtual constitution schools enhance to state Senate

March 14, 2019: one of the most few surviving measures aimed at adding new restrictions on digital charter colleges sailed during the Oklahoma apartment of Representatives on Wednesday morning. study the story by personnel author Andrea Eger.

image through MATT BARNARD/Tulsa World folks, college students pack Capitol to inform lawmakers about 'the array of motives to opt for Epic'

March 11, 2019: thousands of scholars and their parents descended on the state Capitol Monday to share with lawmakers their myriad motives for deciding on a web training through Epic charter colleges. no longer all of them got here to oppose a considerable number of items of legislation that would require the college and its for-earnings management business to reveal more about how it spends public tax dollars. study the story by using workforce creator Andrea Eger.

image with the aid of MATT BARNARD/Tulsa World 15 americans with ties to Epic charter donated $one hundred eighty,000 to 78 candidates for state workplace

March three, 2019: The operators of Oklahoma’s unexpectedly expanding virtual constitution school opened their wallets throughout the 2018 state political campaign season with the intention to fight what they perceive as threats to the school’s continued increase. read the story through workforce creator Curtis Killman.

picture by using TOM GILBERT/Tulsa World File Epic constitution faculties below investigation by state, federal legislation enforcement corporations

Feb. 27, 2019: Epic charter faculties, the Oklahoma-based mostly on-line schooling juggernaut, is now the target of scrutiny by state and federal legislation enforcement apart from state lawmakers. examine the story by means of staff creator Andrea Eger.

photograph via JIM BECKEL/The Oklahoman A analyze in contrasts: Most Tulsa County districts lose students whereas virtual numbers jump

Jan. 29, 2019: Most Tulsa County faculty districts, including Owasso’s, posted enrollment declines — some for the primary time in more than a decade — as Epic charter colleges flourished with on-line faculty offerings, newly launched scholar enrollment records from the state show. examine the story via personnel Writers Andrea Eger and Kyle Hinchey.

photo via STEPHEN PINGRY/Tulsa World 496 Tulsa Public faculties students left for EPIC digital school considering the fact that August. TPS to lawmakers: legislation is needed

Jan. 18, 2019: officers at Tulsa Public schools decried the lack of well-nigh 500 students to the state’s largest virtual constitution faculty just due to the fact faculty begun in August at a Thursday morning meeting with area lawmakers. read the story through team of workers creator Andrea Eger.

image by using ANDREA EGER/Tulsa World Skyrocketing student enrollment nets Epic charter schools basically $39 million greater in midyear alterations to state funding for public colleges

Jan. 8, 2019: Epic charter faculties is seeing its share of state help leap via $38.7 million in annual, midyear adjustments just made by the Oklahoma State department of education. study the story by way of team of workers creator Andrea Eger.

photograph by means of JIM BECKEL/The Oklahoman Epic constitution faculties co-founder audit innovations make it into law $5 for five months

simply $5 for 5 months for a digital-simplest subscription for a restrained time. Subscribe in less than a minute: https://go.tulsaworld.com/may1




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