TITLE 74: PUBLIC FINANCE
CHAPTER III: AUDITOR GENERAL
PART 440 CODE OF RULES
SECTION 440.210 INTRODUCTION


 

Section 440.210  Introduction

 

a)         Subject.  This subpart establishes clarifications and working interpretations concerning the meaning and requirements of a "financial audit" or "compliance audit."

 

b)         Authority.  Section 2-12 ISAA [30 ILCS 5/2-12]. This rule is necessary to effectively accomplish the requirements mandated by Sections 3-2,  1-13 and 1-13.5 of ISAA [30 ILCS 5/3-2,  1-13 and 1-13.5].

 

c)         Effective Date.  This Subpart becomes effective on March 1, 1977.

 

(Source:  Amended at 30 Ill. Reg. 2280, effective February 20, 2006)