AZ SB1395

Establishes comprehensive annual audits for all charter schools in Arizona, conducted by the auditor general in addition to any other required audits.

Requires charter school audits to include examinations of classroom spending, diversity of pupils and staff, and special education programs.

Modifies audit requirements for charter schools not subject to single audit act amendments to conduct comprehensive annual audits rather than financial statement audits.

Extends the auditor general's schoolwide audit team responsibilities to include charter schools alongside school districts for monitoring classroom spending percentages and compliance with English immersion and compensatory instruction funds.

Clarifies that charter schools must submit annual reports to the auditor general by October 1 each year detailing charter authorizations, academic performance, closures, and sponsorship processes.