117-4-01 Audit rates to be charged to state agencies.

The auditor of state herein establishes a rule governing the recovery of the costs of audits of state agencies by the auditor, including, but not limited to, special audits, financial audits, compliance audits, fraud and embezzlement audits, reviews of governmental operations, the performance of agreed-upon procedures, or any part or combination thereof.

Rates charged state agencies for audits pursuant to Chapter 117. of the Revised Code shall be the allowable rates set forth in the auditor of state's indirect cost allocation plan approved by the federal department of health and human services and in effect at the time of performance of the related audit work.

The rates established pursuant to this rule shall remain in effect until such time as new rates are established pursuant to this section.

The auditor reserves the right to charge less than the maximum amount permissible for any state agency audit if, in the auditor of state's discretion, a lesser cost is deemed to be appropriate.

Replaces: 117-9-03

R.C. 119.032 review dates: 11/30/2010 and 11/30/2015
Promulgated Under: 119.03
Statutory Authority: 117.13
Rule Amplifies: 117.13
Prior Effective Dates: 7/1/1992, 7/1/2000