§ 18994. Auditing and Investigations.

Audits and investigations conducted by the Franchise Tax to Government Code Sections 90000, et seq. shall be made as follows:

(a) To the extent applicable, in accordance with generally accepted auditing standards as prescribed by the authoritative bodies of the accounting profession; and

(b) To the extent necessary, using other tests of accounting records and auditing procedures appropriate under the circumstances of each audit or investigation.

HISTORY

1. Change without regulatory effect renumbering former section 18915 to section 18994 filed 1-30-95 pursuant to section 100, title 1, California Code of Regulations (Register 95, No. 5).

2. Editorial correction of History 1 (Register 95, No. 13).

Note

Note: Authority cited: Section 83112, Government Code. Reference: Section 90000, et seq., Government Code.