California Education Code
§ 14501
EDC § 14501 Effective Jul 9, 2026Div. 1 · Title 1 · Part 9 · Ch. 3
Statute text
View on leginfo.ca.gov(a)As used in this chapter, “financial and compliance audit” shall be consistent with the definition provided in the generally accepted government auditing standards promulgated by the United States Government Accountability Office. Financial and compliance audits conducted under this chapter shall fulfill federal single audit requirements.
(b)For purposes of this chapter, the following definitions apply:
(1)“Compliance audit” means an audit that ascertains and verifies whether or not funds provided through apportionment, contract, or grant, either federal or state, have been properly disbursed and expended as required by law or regulation, or both, and includes the verification of each of the following:
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Legislative history
Amended by Stats. 2026, Ch. 65, Sec. 24. (AB 126) Effective July 9, 2026.