5 CCR s 19815

Cal. Admin. Code tit. 5, s 19815

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 2. AUDIT REPORTS
This database is current through 02/09/07, Register 2007, No. 6
s 19815. Report Components.

The report of each audit performed pursuant to Education Code Section
41020 shall be as follows, except that the subelements of (d) may be in
any order among themselves:
(a) Introductory Section.

(1) Table of Contents for the audit report.

(2) Other information as deemed appropriate by the auditee.

(b) Financial Section.

(1) Independent Auditor's Report.

(2) Management's Discussion and Analysis.

(3) Basic Financial Statements.

(4) Notes to the Basic Financial Statements.

(c) Required Supplementary Information.

Schedule of budgetary comparison data for the General Fund and any major
special revenue funds that have legally adopted annual budgets, disclosing
excesses of expenditures over appropriations, if any, in individual funds
presented in the budgetary comparison.

(d) Supplementary Information.

(1) Local Education Agency Organization Structure.

(2) Schedule of Average Daily Attendance.

(3) Schedule of Instructional Time.

(4) Schedule of Financial Trends and Analysis.

(5) Reconciliation of Annual Financial and Budget Report With
Audited Financial Statements.

(6) Optionally, Combining Statements and Individual Fund Statements
and Schedules.

(7) Schedule of Charter Schools.

(8) If required as set forth in the edition of OMB Circular A-133
applicable to the year being audited, Schedule of Expenditures of
Federal Awards.

(9) Notes to Supplementary Information, if required.

(e) Other Independent Auditor's Reports.

(1) Report on Internal Control Over Financial Reporting and on
Compliance and Other Matters Based on an Audit of Financial
Statements Performed in Accordance withGovernment Auditing
Standards.

(2) Report on State Compliance.

(3) If required as set forth in the edition of OMB Circular A-133
applicable to the year being audited, Report on Compliance With
Requirements Applicable to Each Major Program and Internal Control
Over Compliance in Accordance With OMB Circular A-133.

(f) Findings and Recommendations.

(1) Schedule of Findings and Questioned Costs.

(2) Schedule of Prior Audit Findings.

Note: Authority cited: Section 14502.1, Education Code.
Reference: Sections 14502.1, 14503 and 41020, Education Code.

HISTORY

1. New article 3 (sections 19815-19831) and 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).

3. Renumbering of section 19815 to section 19813 and renumbering of
section
19813 to section 19815 filed 6-9-2006; operative 6-9-2006 (Register 2006,
No. 23).

4. New subsection (d)(1), subsection renumbering and amendment of
subsection
(e)(1) filed 6-12-2006 as an emergency; operative 6-12-2006 (Register
2006,
No. 24). A Certificate of Compliance must be transmitted to OAL by 10-10-
2006 or emergency language will be repealed by operation of law on the
following day.

5. Certificate of Compliance as to 6-12-2006 order transmitted to OAL
9-20-2006
and filed 9-29-2006 (Register 2006, No. 39).

5 CCR s 19815, 5 CA ADC s 19815
1CAC

5 CA ADC s 19815

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