CFR > Title 34 - Education > SUBTITLE A—Office of the Secretary, Department of Education > PART 76—STATE-ADMINISTERED PROGRAMS > SUBPART G—What Are the Administrative Responsibilities of the State and Its Subgrantees? (§76.700 to §76.783) > 76.702—Fiscal control and fund accounting procedures.

76.702—Fiscal control and fund accounting procedures.

A State and a subgrantee shall use fiscal control and fund accounting procedures that insure proper disbursement of and accounting for Federal funds.

Code of Federal Regulations

(Authority: 20 U.S.C. 1221e-3, 3474 , and 6511(a))