Okla. Admin. Code § 165:59-3-32

Current through Vol. 42, No. 7, December 16, 2024

Section 165:59-3-32 - Audits of the Fund

(a) The OUSF shall be audited annually by a non-OUSF, independent auditor selected by a committee with input from the State Auditor's Office. The committee shall be selected by the Commission's Director of Administration.

(b) The annual audit should be based on assessed program risk conducted in accordance with standards.

(c) The audit may include further objectives as requested by the Commission's Director of Administration, the State Auditor's Office, the Oklahoma Attorney General, and/or as required by the contract between the OUSF and independent auditor.

(d) The cost of audits of the OUSF shall be funded by the OUSF.

(e) All audit reports, once finalized, shall be provided to the Oklahoma Attorney General.

Okla. Admin. Code § 165:59-3-32

Added at 14 Ok Reg 2562, eff 7-1-97; Amended at 15 Ok Reg 1061, eff 1-6-98 (emergency); Amended at 15 Ok Reg 1901, eff 7-1-98

Amended by Oklahoma Register, Volume 32, Issue 23, August 17, 2015, eff. 8/27/2015

Amended by Oklahoma Register, Volume 34, Issue 24, September 1, 2017, eff. 9/11/2017