CFR > Title 7 - Agriculture > SUBTITLE B—Regulations of the Department of Agriculture > CHAPTER XVII—RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE (parts 1700 to 1794) > PART 1773—POLICY ON AUDITS OF RUS BORROWERS > SUBPART D—RUS Reporting Requirements (§1773.30 to §1773.34-1773.37) > 1773.30—General.

1773.30—General.

(a) The CPA must prepare the following (examples of which are set forth in RUS Bulletin 1773-1):
(1) An auditor's report;
(2) A report on compliance and on internal control over financial reporting; and
(3) A management letter.
(b) The CPA should deliver the auditor's report, report on compliance and on internal control over financial reporting, and management letter (with copies as required in § 1773.20) to the borrower as soon as possible after completion of the audit but not more than 90 days after the as of audit date.

Code of Federal Regulations

[56 FR 63360, Dec. 3, 1991, as amended at 63 FR 38723, July 17, 1998; 66 FR 27835, 27836, May 21, 2001]