Requires financial statements for adult care facilities to be accompanied by a review performed in accordance with accounting and review services.
This bill amends the social services law to require financial statements for adult care facilities to be accompanied by a review performed in accordance with a statement on standards for accounting and review services. This review must be signed by an independent licensed accountant, ensuring the financial statement accurately represents the facility's operations and position. The requirement does not apply to facilities with a capacity of nine or less.
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