45 KAR 1:040. Audits of county fee officials

Link to law: http://www.lrc.ky.gov/kar/045/001/040.htm
Published: 2015

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      45 KAR 1:040. Audits of county fee



      RELATES TO: KRS 43.070, 43.075, 64.530,

64.810, 68.210



43.075 requires the Auditor of Public Accounts to promulgate administrative regulations

developing uniform standards and procedures for conducting, and uniform formats

for reporting, audits of counties and elected county officials. This

administrative regulation establishes the auditing standards, procedures, and

formats for county fee officials’ audits.


      Section 1. Definition. "Generally

accepted government auditing standards" means the "Government

Auditing Standards" issued by the Comptroller General of the United



      Section 2. Auditing Standards,

Procedures, and Formats. The financial and compliance audit of the funds

administered by each county fee official shall be conducted and reported in

accordance with:

      (1) Auditing standards generally accepted

in the United States of America, referenced in 201 KAR 1:300, Section 5(1)(a);

      (2) Generally accepted government

auditing standards, referenced in 201 KAR 1:300, Section 5(1)(b); and

      (3) The "Audit Guide for County Fee

Officials," issued by the Auditor of Public Accounts.


      Section 3. Auditor’s Independent

Judgment. The requirements of this administrative regulation shall not be

interpreted in a manner that restricts the independent judgment of a certified

public accountant or the Auditor of Public Accounts.


      Section 4. Audit Objective. (1) The

primary objective of an audit of a fee official shall be an audit report that

provides an opinion on whether the financial statements of the fee official

present fairly, in all material respects, the receipts, disbursements, and

excess fees.

      (2) An auditor shall make tests

sufficient to determine whether:

      (a) The fee official has complied with

the requirements of the uniform system of accounts adopted under KRS 64.530 and


      (b) Receipts have been accurately

recorded by source;

      (c) Expenditures have been accurately

recorded by payee; and

      (d) The fee official has complied with

all other legal requirements relating to the management of public funds by his

or her office.


      Section 5. Allowance of Audit Fees;

Acceptance of Report. (1) Fees for county fee officials’ audits shall be allowable

as reasonable and necessary expenses of a county or county fee official if the

independent accountant's examination has been performed and reported in

compliance with the standards, procedures, and formats promulgated by this

administrative regulation.

      (2) A fee official shall obtain written

approval of an audit report from the Auditor of Public Accounts prior to the:

      (a) Release of an audit report; and

      (b) Payment of fees for a fee officials'


      (3) Failure by an independent certified

public accountant to comply with the "Audit Guide for County Fee Officials" and this

administrative regulation shall disqualify him or her from conducting fee

officials’ audits.


      Section 6. Incorporation by Reference.

(1) The "Audit Guide for County Fee Officials," Auditor of Public

Accounts, September 15, 2006, is incorporated by reference.

      (2) This document may be inspected,

copied, or obtained, subject to applicable copyright law, at the office of the

Auditor of Public Accounts, 105 Sea Hero Road, Suite 2, Frankfort, Kentucky

40601, Monday through Friday, 8 a.m. to 4:30 p.m. (18 Ky.R. 1693; Am. 2196; eff. 1-10-92; 22 Ky.R. 1327; eff. 3-7-96; 31

Ky.R. 787; 1050; eff. 1-4-2005; 33 Ky.R. 1423; 2-2-07.)