LAC 28:CXXXIX.2501. Qualified and Competent Business Professional

A. Each type 2 and type 5 charter operator shall hire or procure the services of one or more qualified and competent business professionals who shall produce all financial and accounting information and reporting required by its charter contract, state law, and BESE policy, except as otherwise provided herein. B. A qualified and competent business professional shall meet one of the qualifications as listed in Bulletin 1929, §1301. C. Any applicant for a qualified and competent business professional position shall have not less than three years of work experience in a field relevant to the duties and responsibilities of a lead school business administrator. Relevant areas shall include accounting, finance, or other areas of fiscal management. D. All qualified and competent business professionals must acquire Certified Louisiana School Business Administrator (CLSBA) certification or Certified Louisiana Charter School Business Administrator (CLCSBA) certification by the Louisiana Association of School Business Officials (LASBO) within four years of the first date of hire as a qualified and competent business professional by any BESE-authorized charter school and maintain certification while employed as a qualified and competent business professional. A Louisiana CPA license may be substituted for the CLSBA certification. The CPA license must remain in active status while employed as a qualified and competent business professional. 1. The Louisiana Association of Public Charter Schools (LAPCS) may develop a charter school business professional certification program comparable to the CLSBA and CLCSBA certification issued by LASBO and required in LAC 28:XLI (Bulletin 1929). The certification program plan shall include a training curriculum, compliance tracking and data reporting system and must be submitted to the LDOE for approval. 2. A certification issued by LAPCS may substitute for the requirements under LAC 28:XLI.1301 once the plan is approved by the LDOE.