Section 1660-G - Standard audit practicesThe commissioner shall adopt rules no later than 180 days after July 3, 1995 containing at least the following requirements for audit practices. [RR 1997, c. 2, §10(COR).]
1.Federal requirement. All federal audits prepared for agencies to which section 1660-F, subsection 1, paragraphs A and B apply must be performed by qualified independent public accountants. Agencies to which section 1660-F, subsection 1, paragraphs A and B apply must obtain audits that satisfy the federal audit requirement. Department auditors shall oversee these federal audit report submissions. [1995, c. 402, Pt. C, §2(NEW).]
2.Department requirement.[2005, c. 519, Pt. SS, §3(RP).]
1995, c. 402, §C2 (NEW) . RR 1997, c. 2, § 10 (COR) . 2005, c. 519, §SS3 (AMD) .