Texas Statutes (Last Updated: January 4, 2014) |
WATER CODE |
Title 4. GENERAL LAW DISTRICTS |
Chapter 49. PROVISIONS APPLICABLE TO ALL DISTRICTS |
Subchapter G. AUDIT OF DISTRICTS |
Sec. 49.192. FORM OF AUDIT
Latest version.
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The executive director shall adopt accounting and auditing manuals and, except as otherwise provided by the manuals, the district audit shall be performed according to the generally accepted auditing standards adopted by the American Institute of Certified Public Accountants. Financial statements shall be prepared in accordance with generally accepted accounting principles as adopted by the American Institute of Certified Public Accountants.
Added by Acts 1995, 74th Leg., ch. 715, Sec. 2, eff. Sept. 1, 1995.