Cal. Code Regs. Tit. 13, § 226.54 - Annual Compliance Audit Requirements

(a) The Interstate Carrier Program partner shall hire a Certified Public Accountant to perform an annual compliance audit each year during the term of the Interstate Carrier Program Permit for the primary and any branch location and shall submit the audit(s) to the department's Interstate Carrier Program Administrator at the address provided on our webpage. All expenses incurred are the responsibility of the Interstate Carrier Program partner.

(1) The Certified Public Accountant shall be licensed in the state where the office is located.

(2) The Certified Public Accountant shall not have any interest, financial or otherwise, or be involved in any manner with the Interstate Carrier Program partner's business.

(3) The Certified Public Accountant shall conduct the audit in accordance with generally accepted government auditing standards and the department's Interstate Carrier Program Independent Audit Plan Guide for the Interstate Carrier Program Participant form, REG 217 I (NEW 11/2017), which is hereby incorporated by reference.

(4) The Interstate Carrier Program partner shall allow the Certified Public Accountant to perform the annual compliance audit according to the Interstate Carrier Program Independent Audit Program Audit Guide For The Certified Public Accountant form, REG 218 I (NEW 11/2017), which is hereby incorporated by reference.

(b) Prior to commencing with the audit, the Certified Public Accountant shall be required to sign an Interstate Carrier Program Non-Disclosure Statement form, REG 205 I (NEW 11/2017), which is hereby incorporated by reference.

Notes

Cal. Code Regs. Tit. 13, § 226.54

1. New section filed 5-30-2019; operative 7-1-2019 (Register 2019, No. 22).

Note: Authority cited: Sections 1651 and 1685.1, Vehicle Code. Reference: Section 1685.1, Vehicle Code.

1. New section filed 5-30-2019; operative 7/1/2019 (Register 2019, No. 22).