Iowa HF2464 mandates cooperation between certified public accountants and governmental subdivisions to investigate suspected embezzlement, theft, or.

Iowa HF2464 establishes procedures for audits of governmental subdivisions concerning suspected embezzlement, theft, or significant financial irregularities. Upon notification by a certified public accountant and a governmental subdivision, these entities must cooperate with the state auditor to investigate. The governmental subdivision is required to reimburse the state auditor for investigation costs, which cannot exceed the amount of misused public funds. This applies to various governmental entities, including cities, counties, and school districts.

Iowa HF2464 mandates cooperation between certified public accountants and governmental subdivisions to investigate suspected embezzlement, theft, or.

Iowa HF2464 establishes procedures for audits of governmental subdivisions concerning suspected embezzlement, theft, or significant financial irregularities. Upon notification by a certified public accountant and a governmental subdivision, these entities must cooperate with the state auditor to investigate. The governmental subdivision is required to reimburse the state auditor for investigation costs, which cannot exceed the amount of misused public funds. This applies to various governmental entities, including cities, counties, and school districts.