Colorado § 24-37.7-114 Financial and performance audits

Colorado Statutes

§ 24-37.7-114 — Financial and performance audits

Colorado § 24-37.7-114

Title 24Government

Art.Statewide Internet Portal Authority

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Bluebook

Colo. Rev. Stat. § 24-37.7-114 (2026).

Text

(1)(a) If a financial audit of the authority is conducted by an independent certified public accountant pursuant to a contract with the authority, any statements, records, schedules, working papers, and memoranda prepared by the certified public accountant shall be made available to the state auditor's office and shall be kept confidential unless a majority of the members of the legislative audit committee vote to open such documents.

(b)(Deleted by amendment, L. 2011, (HB 11-1297), ch. 269, p. 1224, � 5, effective June 2, 2011.)

(2)Upon the completion of a financial or performance audit described in subsection (1) of this section or in section 2-3-103 (1)(b), C.R.S., the state auditor shall submit a written report to the legislative audit committee, together with any findin

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(1) (a) If a financial audit of
the authority is conducted by an independent certified public accountant pursuant
to a contract with the authority, any statements, records, schedules, working
papers, and memoranda prepared by the certified public accountant shall be made
available to the state auditor's office and shall be kept confidential unless a
majority of the members of the legislative audit committee vote to open such
documents.

(b) (Deleted by amendment, L. 2011, (HB 11-1297), ch. 269, p. 1224, � 5,
effective June 2, 2011.)

(2) Upon the completion of a financial or performance audit described in
subsection (1) of this section or in section 2-3-103 (1)(b), C.R.S., the state auditor
shall submit a written report to the legislative audit committee, together with any
findings and recommendations.

(3) The cost of each such financial audit shall be paid by the authority. The
cost of any such performance audit shall be paid from annual appropriations made
by the general assembly to the office of the state auditor.

Legislative History

Source: L. 2010: Entire section added, (HB 10-1401), ch. 367, p. 1731, � 4, effective June 7. L. 2011: (1)(b) and (2) amended, (HB 11-1297), ch. 269, p. 1224, � 5, effective June 2.