California § 66540.54. 66540.54. (Amended by Stats. 2008, Ch. 179, Sec. 122.)

California Statutes

§ 66540.54. — 66540.54. (Amended by Stats. 2008, Ch. 179, Sec. 122.)

California·Code GOV Government Code - GOV·Title 7.10. TITLE 7.10. SAN FRANCISCO BAY AREA WATER EMERGENCY TRANSPORTATION RESPONSE AND DISASTER RECOVERY ACT·Ch. 5. CHAPTER 5. Duties and Powers·Art. 4. ARTICLE 4. Funding

(a)The authority shall maintain accounting records and shall report accounting transactions in accordance with generally accepted accounting principles as adopted by the Governmental Accounting Standards Board (GASB) of the Financial Accounting Foundation for both public reporting purposes and for reporting of activities to the Controller.

(b)The authority shall contract with an independent certified public accountant for an annual audit of the financial records, books, and performance of the authority. The accountant shall submit a report of the audit to the board and the board shall make copies of the report available to the public and the appropriate policy and fiscal committees of the Legislature.

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(a)
The authority shall maintain accounting records and shall report accounting transactions in accordance with generally accepted accounting principles as adopted by the Governmental Accounting Standards Board (GASB) of the Financial Accounting Foundation for both public reporting purposes and for reporting of activities to the Controller.
(b)
The authority shall contract with an independent certified public accountant for an annual audit of the financial records, books, and performance of the authority. The accountant shall submit a report of the audit to the board and the board shall make copies of the report available to the public and the appropriate policy and fiscal committees of the Legislature.

California § 66540.54. (66540.54. (Amended by Stats. 2008, Ch. 179, Sec. 122.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.