Accounting System Certification.

22 CCR 100660

§ 100660. Accounting System Certification. All new grantees selected for funding under the CSBG program shall submit an accounting system report, prior to receiving funds on a form prescribed by the Department and signed by an independent certified public accountant or an independent State-licensed public accountant, or, in the case of a public agency, the financial officer responsible for providing required financial services to the grantee. The report shall state that the new grantee has established an adequate accounting system with reasonable assurance as to the internal controls to safeguard assets, check the accuracy and reliability of their accounting data, promote operating efficiency, and assure compliance with any other fiscal requirements provided for by law.