Nebraska Administrative Code
Topic - HEALTH AND HUMAN SERVICES SYSTEM
Title 404 - DEVELOPMENTAL DISABILITIES SERVICES
Chapter 6 - PROVIDER DATA COLLECTION AND REPORTING
Section 404-6-003 - FISCAL ACCOUNTABILITY
Universal Citation: 404 NE Admin Rules and Regs ch 6 ยง 003
Current through March 20, 2024
Each provider must have fiscal and budgetary financial systems that provide accounting for funds received from the Department. Fiscal accountability must be consistent with generally accepted accounting principles and standards acceptable to the Department.
003.01 ACCOUNTING RECORDS. The provider must maintain accounting records that allow the provider to:
(A) Produce a complete
annual financial report in a format specified by the Department;
(B) Provide copies of source documents and
work papers;
(C) Maintain records
for each employee that:
(i) Are prepared at
the end of each pay period;
(ii)
Show the employee's:
(1) Name;
(2) Position title or description;
(3) Gross salary;
(4) Taxes; and
(5) All other deductions or
contributions;
(iii) Are
the final, approved copies;
(iv)
Document when personnel are compensated in whole or in part with room and
board; and
(v) Show charges for
employee benefits;
(D)
Maintain itemized records of:
(i) Expenditures
for technical assistance;
(ii) Cost
of the operation of programs;
(iii)
Rent;
(iv) Equipment leasing
expenses; and
(v) Maintenance costs
for facilities and services; and
(E) Maintain accounting records in sufficient
detail to allow for the calculation of the cost of each service
provided;
(F) Identify costs that
are not allowed for consideration by Center for Medicaid and Childrens Health
Insurance Program (CHIP) Services for rate setting purposes, including costs
associated with the provision of room and board for participants; and
(G) Identify transactions between the
provider and a related party.
Disclaimer: These regulations may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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