102.053 – INDEPENDENT FINANCIAL AUDIT FOR REVIEW BY
Texas Health and Safety Code § 102.053
Summary
This law requires an institute to conduct an annual independent financial audit by a certified public accountant. The audit results must be submitted to the comptroller, who will review them and provide a public report with recommendations on financial practices.
Annual independent audits are mandatory for the institute.
Audit results must be submitted to the comptroller.
The comptroller issues a public report with recommendations.
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In simple terms: Learn about Texas's INDEPENDENT FINANCIAL AUDIT FOR REVIEW BY law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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