Current through Register Vol. 64, No. 1, January 1, 2025
Section 411-070-0310 - Auditing(1) All Nursing Facility Financial Statements are subject to desk review and analysis within six months after proper completion and filing.(2) The desk review will determine, to the extent possible: (a) That the provider has properly included its costs on the Nursing Facility Financial Statement in accordance with generally accepted accounting principles and the provisions of these rules; and(b) That the provider has properly applied the cost finding method specified by the Department to its allowable costs determined in subsection (2)(a) of this rule; and(c) Whether further auditing of the provider's financial and statistical records is needed.(3) All filed Nursing Facility Financial Statements are subject to a field audit, normally to be completed within one year from the date of filing.(4) The field audit will, at a minimum, be sufficiently comprehensive to verify that in all material respects: (a) Generally accepted accounting principles and the provisions of these rules have been adhered to; and(b) Reported data are in agreement with supporting records; and(c) The Nursing Facility Financial Statement is reconcilable to the appropriate IRS report and payroll tax reports.Or. Admin. Code § 411-070-0310
PWC 866(Temp), f. 12-30-77, ef. 1-1-78; AFS 19-1978, f. & ef. 5-1-78; Renumbered from 461-017-0310 by Ch. 784, OL 1981 & AFS 69-1981, f. 9-30-81, ef. 10-1-81; SSD 6-1993, f. 6-30-93, cert. ef. 7-1-93; SSD 1-1997, f. 6-30-97, cert. ef. 7-1-97; SPD 9-2006, f. 1-26-06, cert. ef. 2-1-06Stat. Auth.: ORS 410.070
Stats. Implemented: ORS 410.070