Ill. Admin. Code tit. 20, § 1500.500 - Audit Findings and Reports
a) The Authority shall issue a report of its
audit findings to the Governor, the General Assembly, the state central
repositories, and the public.
b)
The report shall include a precise statement of the scope of the audit, a
statement of the findings resulting from the audit, a statement of the
prospective significance of the findings, recommendations to the state central
repositories with respect to their procedures, practices, and policies, and a
statement of explanation or rebuttal which may have been submitted by the
audited agency.
c) In conducting
subsequent audits the Authority shall specifically monitor the state central
repositories for correction of audit exceptions noted in the previous audit and
include its findings in the audit report.
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.