(a) Any governing body that oversees a state agency that performs or reviews internal audits shall establish an audit committee that generally meets the frameworks recommended by the American Institute of Certified Public Accountants, as set forth in the publication entitled âAICPA Audit Committee Toolkit: Government Organizations.â (b) For purposes of this chapter, âgoverning bodyâ means a board, commission, board of trustees, council, or other similar body that oversees a state agency.
‹ Prev All California sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.