§ 45-10-6.1. Corrective action plan.
If the auditor conducting the post audit expresses an opinion on the financial statements of a municipality or school district that is other than unqualified, the chief finance officer of the municipality or school district shall submit a detailed corrective action plan and timetable, which addresses the issue(s) which caused the auditor’s qualified opinion on the financial statements. The plan and timetable shall be submitted to the city or town council, the school committee, state auditor general and director of revenue within forty-five (45) days of receipt of the final audit. The chief finance officer of each municipality and each school district shall also submit all findings and recommendations reported by the auditors making the post audit, including those reported in a separate management letter, to the city or town council, to the state auditor general, the school committee and director of revenue. The chief finance officer of the municipality and each school district shall prepare a plan of revenue corrective action and timetable for all findings and recommendations and shall submit the plan to the city or town council, the school committee, state auditor general and director of revenue within forty-five (45) days of receipt of a written report or letter of findings and recommendations from the auditors. All management letters shall be public records. The term school district shall include regional school districts.
History of Section.P.L. 2002, ch. 324, § 2; P.L. 2002, ch. 414, § 2; P.L. 2005, ch. 341, § 1; P.L. 2008, ch. 98, § 57; P.L. 2008, ch. 145, § 57.
Structure Rhode Island General Laws
Chapter 45-10 - Audit of Accounts and Installation of Systems
Section 45-10-1. - Power to petition for installation of system.
Section 45-10-2. - Certification of vote to install system — Installation.
Section 45-10-3. - Assistance in operation of system.
Section 45-10-4. - Annual post audit required.
Section 45-10-5. - Filing of audit report.
Section 45-10-5.1. - Uniform accounting procedures.
Section 45-10-5.2. - Failure to file audit report.
Section 45-10-5.3. - Failure to file audit report — Enforcement and penalty.
Section 45-10-6. - Contents of audit report.
Section 45-10-6.1. - Corrective action plan.
Section 45-10-7. - Expenses of post audit.
Section 45-10-9. - Access of auditors to records.
Section 45-10-10. - Delivery of records to auditors.
Section 45-10-11. - Compelling attendance of witnesses and production of records.
Section 45-10-12. - Withholding of funds due towns failing to file reports.
Section 45-10-13. - Costs of audits, installation of accounting systems, or other assistance.