California Health and Safety Code

§ 38040

HSC § 38040 Effective Jan 1, 2004Div. 25 · Ch. 5

Statute text

As used in this chapter:

(a)“Financial and compliance audit” means a systematic review or appraisal to determine each of the following:

(1)Whether the financial statements of an audited organization fairly present the financial position and the results of financial operations in accordance with generally accepted accounting principles.

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Legislative history

Amended by Stats. 2003, Ch. 185, Sec. 4. Effective January 1, 2004.