§39.410. What qualifications must an audit firm meet to be considered for auditing ISEP administration?

25 C.F.R. § 39.410

To be considered for auditing ISEP administration under this subpart, an independent audit firm must:

(a)

Be a licensed Certified Public Accountant Firm that meets all requirements for conducting audits under the Federal Single Audit Act;

(b)

Not be under investigation or sanction for violation of professional audit standards or ethics;

(c)

Certify that it has conducted a conflict of interests check and that no conflict exists; and

(d)

Be selected through a competitive bidding process.

Notes, amendments, and revision history

Source: 70 FR 22205, Apr. 28, 2005, unless otherwise noted.

Authority: 25 U.S.C. 13, 2008; Public Law 107-110, 115 Stat. 1425.

Source: 44 FR 61864, Oct. 26, 1979, unless otherwise noted. Redesignated at 47 FR 13327, Mar. 30, 1982.