060-31 Wyo. Code R. § 31-12 - Audits and Inspections
(a) The Board shall
require records of loan recipients be audited annually by an independent
accountant which may be part of the annual financial audit. The Board shall
ensure compliance with the provisions of the federal Single Audit Act, 1996
Amendments and Office of Management and Budget (OMB) Circular A-133. The Board
or its designee shall be allowed access by loan recipient to inspect the
construction and operation of the project. Loan recipients shall maintain
project accounts in accordance with generally accepted government accounting
standards.
Notes
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