9.__Finances.__A charter school's board of trustees, not the director or chief financial officer of the charter school, shall contract for an annual financial audit by a certified public accountant in accordance with generally accepted accounting principles.__The audit must examine the validity and integrity of data reported to the State for revenue purposes, including the enrollment and internal controls of the charter school.

10.__Conflicts of interest.__Charter school boards of trustees are governed by this subsection.

A.__A member of a charter school board of trustees may not serve as a member of the board of directors or as an employee or agent of or a contractor with a for-profit entity with whom the charter school contracts, directly or indirectly, for professional services, goods or facilities.

B.__A member of a charter school board of trustees that serves as a member of a board of trustees or an employee or agent of or a contractor with a nonprofit entity with whom the charter school contracts, directly or indirectly, for professional services, goods or facilities. shall disclose all potential conflicts to the chartering authority.

C.__This subsection does not prohibit payment of compensation to a member of the charter school's board of trustees who is a teacher:

(1)__Who is employed by the charter school; or

(2)__Who provides services to the charter school through a cooperative.

§2416.__The charter agreement

Major issues involving the operation of a charter school must be considered and addressed in advance of the opening of the charter school and written into the charter agreement, which must be signed by the charter school's board of trustees and the chartering authority.

1.__Special education.__Before a charter is granted, a charter school must have in place a policy to comply with the policies adopted by the state board and with federal regulations relating to the education of children with special needs.__The manner in which the charter school delivers those services may be