Alaska Administrative Code
Title 20 - Miscellaneous Boards and Commissions
Chapter 30 - Alaska State Council on the Arts
Article 15 - Miscellaneous and General Provisions
20 AAC 30.940 - Audits

(a) The council will, in its discretion, conduct or provide for an audit of any grantee. The grantee and any subgrantee of the grantee shall provide the auditor with reasonable access to the books, documents, papers, and records of the grantee and subgrantee. The auditor may be a representative of the state or, if the grant includes money provided by the federal government or a local government, a representative of the federal or local government. The grantee shall respond to an audit report which questions a cost incurred by the grantee or subgrantee within 30 days after receiving written notice of the audit report. If the grantee fails to respond to the audit report, the council will, in its discretion, withhold payment of the grant.

(b) A grantee who receives grant funds from one or more grants under 20 AAC 30.010 - 20 AAC 30.639 that in the aggregate exceeds $100,000 in one fiscal year shall provide for an opinion audit of the grantee's operations under the grant program or programs at least once every year by an independent certified public accountant. In the event the opinion audit includes an audit exception, the council will, in its discretion, refuse to approve the audit and require the grantee to take steps to clear the exception and provide the council with an audit that does not contain an exception.