Audit Policy
Audit Policy and Procedure
The Commission's audit policy enables all forms and statements filed with the Commission to be audited. Three types of audits may be conducted:
- Filing Audit - to determine that required forms have been filed and that such forms or statements are accurate and complete.
- Desk Audit - more formal review of forms or statements to determine if violations have occurred or if complete information is not provided.
- Field Audit - an in-depth examination of accounts and documents supporting information filed on the reports or statements.
The filing audit is conducted on all reports or statements filed with the Commission.
The desk audit and field audit may be conducted at the discretion of the Commission: when requested by the individual involved; when requested by the Commission members; when needed for information purposes; when an advisory opinion has been requested, or when a complaint has been filed