10 Miss. Code. R. 201-4.6
Current through December 10, 2024
Financial records and reports of the institution shall be kept and made separate and distinct from those of any affiliated or sponsoring person or entity. Financial records and reports shall be kept in accordance with the guidelines of the National Association of College and University Business Officers as set forth in College and University Business Administration, Sixth Edition or such later edition as may be published. An annual independent audit of all fiscal accounts of the educational institution shall be authorized by the governing board, shall be performed by a properly authorized certified public accountant, and shall be made available to the Commission upon request.
10 Miss. Code. R. 201-4.6