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§ 1131.4. Audit Report Format.


Barclays Official California Code of Regulations Currentness
Title 2. Administration
Division 2. Financial Operations
Chapter 2. State Controller
Subchapter 5. Minimum Audit Requirements and Reporting Guidelines for Special Districts
2 CCR § 1131.4
§ 1131.4. Audit Report Format.
(a) It is suggested that the audit report be prepared in accordance with the following general format. Supplementary information such as schedules, comments, and statistical table are optional and often enhance the usefulness of a report.
(1) Title page
(2) Table of contents
(3) Scope, opinion and other necessary paragraphs
(4) Basic financial statements of each fund:
(A) Balance sheet
(B) Statement of revenues and expenditures
(C) Statement of changes in fund balance
(D) Statement of changes in financial position (enterprise activities only)
(E) Footnotes
(5) Supplementary information
(A) Schedules
1. Fixed asset detail
2. Bonded debt detail
3. Investment detail
4. Revenue detail
5. Expense or expenditure detail
(6) Other schedules
(b) Comments (if too extensive to be covered in schedules or the
letter of transmittal)
(1) Organization and description of the district
(2) Accounts and records
(3) Insurance coverage
(4) Budgetary procedure
(5) General comments
(c) Statistical tables if applicable
(1) Legal debt margin
(2) Statement of tax levies, tax collections, and tax delinquencies
(3) Other tables
The AICPA Industry Audit Guide: Audits of State and Local Governmental Units contains additional guidance on audit reports.
Note: Authority cited: Section 26909(b), Government Code. Reference: Sections 6505 and 26909(b), Government Code.
This database is current through 7/29/22 Register 2022, No. 30
2 CCR § 1131.4, 2 CA ADC § 1131.4
End of Document