IC 20-24-2 provides that a charter school may be established to provide innovative and autonomous programs that: (1) serve the different learning styles and needs of public school students. (2) Offer public school students appropriate and innovative choices. (3) Provide varied opportunities for professional educators. (4) Allow public schools freedom and flexibility in exchange for exceptional levels of accountability. (5) Provide parents, students, community members, and local entities with an expanded opportunity for involvement in the public school system.
Charter Schools are required to be examined by IC 5-11-1-9. Starting in 2013, they were required to be examined annually to meet federal and state grant guidelines. IC 5-11-1-7(b) provides that the State Examiner has the ability to allow Charter Schools to engage private examiners to meet the examination requirements. The Guidelines for the Audits of Charter Schools Performed by Private Examiners was created by the SBOA and details the oversight responsibilities and procedures that are required for the Charter School examinations.