Texas § 321.0131 FINANCIAL AUDIT.

Texas Statutes

§ 321.0131 — FINANCIAL AUDIT.

Texas § 321.0131

Code GVGovernment Code

This text of Texas § 321.0131 (FINANCIAL AUDIT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 321.0131 (2026).

Text

Sec. 321.0131. FINANCIAL AUDIT. A financial audit is an audit to determine:

(1)in the case of the state or a department, whether the records, books, and accounts of the audited entity accurately reflect its financial and fiscal operations;

(2)whether the audited entity is maintaining effective accounting control over revenues, obligations, expenditures, assets, and liabilities;

(3)whether the accounting and record-keeping of collections of state revenues and receipts by the audited entity are fair, accurate, and in accordance with law;

(4)whether the accounting and record-keeping of money or negotiable securities or similar assets handled by the audited entity on behalf of the state or received from the state and held in trust by the audited entity are proper, accurate, and in accordan

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Sec. 321.0131. FINANCIAL AUDIT. A financial audit is an audit to determine:
(1) in the case of the state or a department, whether the records, books, and accounts of the audited entity accurately reflect its financial and fiscal operations;
(2) whether the audited entity is maintaining effective accounting control over revenues, obligations, expenditures, assets, and liabilities;
(3) whether the accounting and record-keeping of collections of state revenues and receipts by the audited entity are fair, accurate, and in accordance with law;
(4) whether the accounting and record-keeping of money or negotiable securities or similar assets handled by the audited entity on behalf of the state or received from the state and held in trust by the audited entity are proper, accurate, and in accordance with law; and
(5) whether financial, program, and statistical reports of the audited entity are fairly presented.