Sec. 102.053. INDEPENDENT FINANCIAL AUDIT FOR REVIEW BY COMPTROLLER. (a) The institute shall annually commission an independent financial audit of its activities from a certified public accounting firm. The institute shall provide the audit to the comptroller. The comptroller shall review and evaluate the audit and annually issue a public report of that review. The comptroller shall make recommendations concerning the institute's financial practices and performance.
(b) The oversight committee shall review the annual financial audit, the comptroller's report and evaluation of that audit, and the financial practices of the institute.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 266 (H.B. 14), Sec. 4., eff. November 6, 2007.
Structure Texas Statutes
Subtitle E - Health Care Councils and Resource Centers
Chapter 102 - Cancer Prevention and Research Institute of Texas
Subchapter B. Powers and Duties of Institute
Section 102.051. Powers and Duties
Section 102.0511. Chief Executive Officer; Other Officers
Section 102.052. Annual Public Report; Internet Posting
Section 102.053. Independent Financial Audit for Review by Comptroller
Section 102.0535. Grant Records
Section 102.054. Gifts and Grants