State Funds. Corporations both for-profit and non-profit, and governmental entities that receive $50,000 or more in a year in State funds from DRS shall have a certified independent audit of its operations conducted in accordance with Government Auditing Standards. The financial statements shall be prepared in accordance with Generally Accepted Accounting Principles, and the report shall include a supplementary schedule of awards listing all state and federal funds by funding source.
Appears in 28 contracts
Sources: Supplemental Employment Services Agreement, Job Placement Agreement, Supported Employment Services Agreement