1 Tex. Admin. Code § 54.68 - Audit Standards
(a) The OAG may
require a grantee to conduct or undergo an annual audit of a grant based on
applicable audit standards.
(b) A
grantee must submit to the OAG copies of all audit reports that a grantee
undergoes, regardless of the purpose. Such reports must be submitted to the OAG
within 30 calendar days of completion.
(c) OAG grant funds may only be used for the
fair and reasonable share of audit costs required by the OAG, in accordance
with applicable federal and state cost principles governing allowability and
allocation.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.