W. Va. Code R. § 148-4-14
Current through Register Vol. XLI, No. 50, December 13, 2024
14.1. An internal audit of the SASP's operation (including the surplus property inventory), procedural activities and financial affairs will be conducted at the close of each fiscal year or at other such times as directed by Secretary of the Department of Administration or requested by the GSA. When completed, detailed reports, including findings and corrective measures, will be submitted to the GSA.14.2. SASP must comply with external audit requirements of Office of Management and Budget Circular No. A-133, "Audits of State, Local Governments, and Non-Profit Organizations" and make provisions for SASP to furnish GSA with: 14.2.a. Two copies of any audit report made pursuant to the circular, or with two copies of those sections that pertain to the federal donation program.14.2.b. Outline of all corrective actions and scheduled completion dates for actions14.2.c. Cooperation in GSA or Comptroller General conducted audits14.3. An external audit of the SASP's operation will be conducted in accordance with the requirements of the Office of Management and Budget Circular No. A-128 "Audits of State and Local Governments." The GSA will be provided with any such audit reports, including findings and corrective measures. Upon request, the financial records and inventory records will be made available for inspection by representatives of GSA, the General Accounting Office or other authorized federal officials. GSA will notify the Governor's Office before auditing the SASP.W. Va. Code R. § 148-4-14