53E-3-602. Auditors appointed -- Auditing standards.
58 words·~1 min read·
/ut/title-53e/chapter-3/53e-3-602A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/14/2019
53E-3-602. Auditors appointed -- Auditing standards.
(1)Procedures utilized by auditors employed by local school boards shall meet or exceed generally accepted auditing standards approved by the state board and the state auditor.
(2)The standards must include financial accounting for both revenue and expenditures, and student accounting.
Amended by Chapter 186 , 2019 General Session