                                 CODE OF VIRGINIA

ANNUAL AUDIT (§ 36-144)

An independent certified public accountant selected by the HDA, shall annually
audit the accounts of any portion of the Fund transferred to the control of the
HDA, and the cost of such audit services shall be borne by the HDA and be paid
from moneys designated for such purposes in the Fund. The audit shall be
performed at least each fiscal year, in accordance with generally accepted
auditing standards and, accordingly, include such tests of the accounting
records and such auditing procedures as considered necessary under the
circumstances. Such audit shall be reviewed by the Auditor of Public Accounts.
The HDA shall furnish copies of the audit to the Governor and to the Board.

HISTORY: 1988, c. 687; 2013, c. 754.