A two-hour annual financial update is required by A.C.A. 6-20-2204 for superintendents,
education cooperative directors, open-enrollment public charter school directors, and school district business managers. This session also
counts as a two-hour elective for the CASBO certification program. This training can also be used to meet the required Tier 2 training. Tier 2 financial training is required for all district employees who are involved in the process of recording and/or reporting school or district financial transactions.