Library: Policy

340:105-10-112. Audit report and fiscal review report distribution

Revised 6-1-07

(a) Policy.  Audit reports of Area Agencies on Aging (AAAs) and audit and fiscal review reports of Title III projects are transmitted to the State Agency within 150 days after the end of the fiscal year being audited or within 30 days after the completion of the audit or fiscal review report, whichever comes first.

(b) Authority.  The authority for this Section is Section 1321.11 of Title 45 of the Code of Federal Regulations.

(c) Procedures.  The procedures for implementing this Section are described in this subsection.

(1) Each audit or fiscal review report submitted to the State Agency is accompanied by completed Form 02AG026E, Audit Report Transmittal.  This form is completed in a format prescribed by the State Agency.

(2) Each audit report is accompanied by properly executed copies of equipment, food, and food supplies inventories, as appropriate.

(3) Multiple copies of AAA and Title III project audit and fiscal review reports are submitted to the State Agency in quantities prescribed.

(4) Audit and fiscal review reports are submitted by the auditor to the organization audited, and to those requiring or arranging for the audit or fiscal review.

(5) Grantees submit copies of audit or fiscal review reports to their grantor agency.

(6) Audit and fiscal review reports are made available for public inspection within 30 days after completion of the report.

(7) A request for time extension is submitted to the State Agency when the audit report or fiscal review report cannot be submitted within 150 days after the fiscal year end.

(d) Cross references.  See OAC 340:105-10-106 through 340:105-10-111 and 340:105-10-113.