(a) The Chancellor shall review the reports of audits conducted pursuant to Section 84040 of the Education Code, or any other audit or review assessing district compliance with audit responsibilities.
(b) Such review shall determine whether the audit or review reports contain citings which may warrant further investigation. Further investigation is warranted when there is a significant probability that the district has either:
(1) Failed to comply with attendance accounting standards. or
(2) Violated rules and regulations defining limitations on state support. or
(3) Failed to comply with any other standard which has been monitored by means of a compliance question devised by the Chancellor's Office or the Department of Finance.
Authority cited:
Education Code 66700
Education Code 70901
Education Code 71020.5
Education Code 84040
Education Code 84500
Reference:
Education Code 84040
Education Code 84040.6
Education Code 84500
(Amended by Register 92. No 9)