2013 Maryland Code
HUMAN SERVICES
§ 11-407 - Annual audits
§11-407.
(a) (1) The accounts of the Corporation shall be audited annually.
(2) The audits shall be conducted in accordance with generally accepted auditing standards by an independent certified public accountant.
(b) (1) An audit under this section shall be conducted where the accounts of the Corporation are normally kept.
(2) If owned or in use by the Corporation and necessary to facilitate the audit, the Corporation shall make available to the auditor all:
(i) books;
(ii) accounts;
(iii) financial records;
(iv) reports;
(v) files; and
(vi) other papers or property.
(3) Full facilities for verifying transactions with the balances and securities held by depositories, fiscal agents, and custodians shall be available to the auditors.
(c) The report of the annual audit shall:
(1) be submitted to the Governor, the Department of Budget and Management and, subject to § 2-1246 of the State Government Article, the General Assembly; and
(2) be available for public inspection during business hours at the principal office of the Corporation.
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