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 2026 Fraud Prevention: What Montessori Owners Need to Know

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In early 2026, Governor Abbott and the TWC launched new anti-fraud measures aimed at enhancing “program integrity” within the Child Care Services (CCS) system. This shift has resulted in more frequent requests for audited financial statements from schools that were previously only required to provide reviews or compilations. For Montessori administrators, this means the margin […]

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 Navigating TWC Audit Requirements for Texas Montessori Schools

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For many Texas Montessori owners, the transition from a private-pay model to accepting Texas Workforce Commission (TWC) subsidies is a smart business move that increases enrollment. However, it comes with a significant regulatory hurdle: the requirement for audited financialstatements. According to TWC guidelines, providers participating in the Child Care Services (CCS) program must demonstrate financial stability to

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5 Differences Between Accounting/Bookkeeping And Auditing

Articles, Career Schools, General /

Are you wondering what’s the difference between accounting and auditing? Do you want to know which one do you need? If so, here’s 5 differences between accounting and auditing in plain English.   1. Different type of work  First of all, and to get it out of the way, your auditor/reviewer is not your accountant.

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5 Advantages of Early Audits for Mortgage Brokers: Submitting Financial Statements to NMLS

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Introduction:  As the deadline for submitting audited financial statements to the Nationwide Multistate Licensing System (NMLS) approaches on March 31st (https://mortgage.nationwidelicensingsystem.org/slr/common/fs/sitepages/default.aspx) mortgage brokers face a pivotal choice: when to conduct their audits. By starting the audit process early—specifically testing financial statements as of September 30—brokers can reap significant benefits. This proactive approach not only ensures

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Frequently Asked Questions About Audit Services for New Schools

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Introduction  As you prepare to launch your new school in Texas, you likely have questions about the audit process and requirements. Below are some of the most frequently asked questions. Also see https://www.twc.texas.gov/programs/career-schools-colleges/ongoing-requirements  1. What is the purpose of an audit?  An audit verifies your financial statements and ensures compliance with regulations from the Texas

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