N.Y. Comp. Codes R. & Regs. tit. 14 § 635-4.3

Current through Register Vol. 46, No. 25, June 18, 2024

Section 635-4.3 - Requirements for filing financial and statistical data

(a) Each provider shall complete the financial reports in accordance with generally accepted accounting principles, unless OPWDD specifies other principles.

(b) Budget reports submitted in accordance with this Subpart shall be certified for their fair representation of anticipated expenditures by the provider's chief executive officer.

(c) Cost reports prepared for providers shall be certified for compliance with this section by:

(1) the chief executive officer of the provider; and

(2) a public accountant who is:

(i) licensed or certified;

(ii) registered with the New York State Education Department;

(iii) not on the staff of the provider;

(iv) has no financial interest in the provider; and

(v) is not a related party of the provider.

(d) Cost reports shall include a statement of the findings and opinion of the public accountant.

(e) Incremental cost data shall also be certified by the chief executive officer of the provider for compliance with this section.

N.Y. Comp. Codes R. & Regs. Tit. 14 § 635-4.3

Amended New York State Register October 28, 2015/Volume XXXVII, Issue 43, eff.11/1/2015

Amended New York State Register April 20, 2016/Volume XXXVIII, Issue 16, eff.4/20/2016

Amended New York State Register September 21, 2016/Volume XXXVIII, Issue 38, eff. 9/21/2016