Recent changes in Arizona legislation have increased the occurrence of financial receivership for Arizona school districts. Veriti Consulting has been appointed by the Arizona State Board of Education as a Receiver. Combining expertise in school finance and fraud and forensic accounting, the firm’s uniquely qualified and experienced professionals currently serve as Receiver for various Arizona school districts.

Veriti Consulting LLC provides financial receivership services for two Arizona school districts – Saddle Mountain Unified School District #90 and Peach Springs Unified School District #8 – under contracts with the Arizona Department of Education (ADE), pursuant to A.R.S. § 15-103. As part of that work, quarterly reports are submitted to the ADE detailing the status of the financial and educational affairs of the districts. Here are links to the reports submitted to ADE to date.

Veriti Consulting professionals offer their extensive expertise as CPAs, Certified Forensic Accountants, and Certified Fraud Examiners to perform fraud examinations and forensic accounting services for school districts. In addition to being appointed as a Receiver for Arizona school districts, our professionals have served as expert witnesses in numerous fraud and forensic accounting cases. Our consultants are uniquely experienced in complex investigations and can assist school districts regarding various fraud and forensic accounting projects and other educational consulting including:

• Allegations of Embezzlement
• Misappropriation of Funds or Assets
• Construction Accounting Analysis and Reconciliation
• Use of Bond Proceeds and Reconciliation of Expenditures
• PTO Activities Account Analysis
• Student Activities Account Analysis
• District Financial Budget Analysis
• Review of District Internal Controls
• Review and Implementation of Policies and Procedures
• Development and Implementation of School Improvement Plans
• Education Compliance Consultation