<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s370d110b-19b6-407e-93fb-def501ee8322P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s370d110b-19b6-407e-93fb-def501ee8322C0 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s370d110b-19b6-407e-93fb-def501ee8322C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s370d110b-19b6-407e-93fb-def501ee8322C0-000001 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s370d110b-19b6-407e-93fb-def501ee8322000002 { color: #000000; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s370d110b-19b6-407e-93fb-def501ee8322C0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s370d110b-19b6-407e-93fb-def501ee8322P0-000004 { margin-top: 0; line-height: 115.0%; margin-bottom: 10pt; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: left; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; } </style></head><body><div><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=67:62:05:05"><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000000">67</span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000000">:</span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000000">62</span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000000">:</span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000000">05</span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000000">:</span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000000">05</span></a><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000001">.  Accounting system, cost reporting, and annual audit.</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">Each</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> center shall maintain an accounting system pursuant to generally accepted</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> </span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">accounting principles. If requested by the department, </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">a</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> center </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">must</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> submit to the</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> </span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">department a copy of an annual entity-wide, independent financial audit. The audit </span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">must </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">be completed and filed with the department by the end of the fourth month following the</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">end of the fiscal year being audited.</span></p><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322000002"> </span></p><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">    </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">Each audit must</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> contain, as part of the supplementary information, a cost report</span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">,</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> as</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> </span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">outlined by the department. If applicable, the audit </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">must</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> be conducted in accordance with</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> 2 C.F.R. Part 200 Subpart F, in effect on August 13, 2020</span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">.</span></p><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322000002"> </span></p><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">    </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">In the case of</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> an entity-wide, independent financial audit or </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">a single</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> audit, the</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> </span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">center shall </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">ensure the</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> resolution of all interim audit findings. The center shall facilitate and</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">aid any reviews, examinations, and agreed</span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">-</span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">upon procedures the department or any</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">contractor may perform.</span></p><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322000002"> </span></p><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">    </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000001">Source:</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">43</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> SDR </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">80</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">, effective </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">December 5, 2016; 50 SDR 63, effective November 27, 2023</span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">.</span></p><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">    </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000001">General Authority:</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=27A-5-1"><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000003">27A-5-1</span></a><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">.</span></p><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">    </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000001">Law Implemented:</span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=27A-3-1"><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000003">27A-3-1</span></a><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=27A-5-1"><span class="s370d110b-19b6-407e-93fb-def501ee8322C0-000003">27A-5-1</span></a><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">.</span></p><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322000002"> </span></p><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0">    </span><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322C0-000001">Cross Reference: </span><span class="s370d110b-19b6-407e-93fb-def501ee8322C0">Single audit, 2 C.F.R. § 200.501(b).</span></p><p dir="ltr" class="s370d110b-19b6-407e-93fb-def501ee8322P0-000004"><span xml:space="preserve" class="s370d110b-19b6-407e-93fb-def501ee8322000002"> </span></p></div></body></html>