5 CCR s 19811

Cal. Admin. Code tit. 5, s 19811

CALIFORNIA CODE OF REGULATIONS
TITLE 5. EDUCATION
DIVISION 1.5. EDUCATION AUDIT APPEALS PANEL
CHAPTER 3. AUDITS OF CALIFORNIA K-12 LOCAL EDUCATION AGENCIES
ARTICLE 1. GENERAL PROVISIONS
This database is current through 02/09/07, Register 2007, No. 6
s 19811. Qualifications of Auditors.

(a) Each audit shall be made by a certified public accountant or a public
accountant, licensed by the California Board of Accountancy, and selected
by the local education agency from a directory of certified public
accountants and public accountants deemed by the Controller as qualified
to conduct audits of local education agencies published by the Controller
not later than December 31 of each year.

(b) Except as provided in subdivision (d) of Education Code Section
41320.1, it is unlawful for a public accounting firm to provide audit
services to a local educational agency if the lead audit partner, or
coordinating audit partner, having primary responsibility for the audit,
or the audit partner responsible for reviewing the audit, has performed
audit services for that local educational agency in each of the six
previous fiscal years. The Education Audit Appeals Panel may waive this
requirement if the panel finds that no otherwise eligible auditor is
available to perform the audit.

Note: Authority cited: Section 14502.1, Education Code.
Reference: Section 41020, Education Code.

HISTORY

1. New section filed 3-15-2004 as an emergency; operative 3-15-2004
(Register
2004, No. 12). A Certificate of Compliance must be transmitted to OAL by
7-
13-2004 or emergency language will be repealed by operation of law on the
following day.

2. Certificate of Compliance as to 3-15-2004 order transmitted to OAL
5-6-2004
and filed 6-23-2004 (Register 2004, No. 26).

5 CCR s 19811, 5 CA ADC s 19811
1CAC

5 CA ADC s 19811

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