OAR 141-045-0123
General Conditions and Requirements of Contract with Contract Auditor

(1)

A contract auditor shall comply with all terms and conditions specified in the contract with the Department.
(2) A contract auditor may not subcontract any work without the prior written authorization from the Department. The contract auditor is responsible for ensuring that any subcontractors used during an examination possess sufficient training and experience to adequately perform the unclaimed property examination and agree to comply with all terms and conditions of the contract auditor’s contract with the Department.
(3) A contract auditor shall possess an ability to examine the records of entities holding various types of unclaimed property.
(4) A contract auditor shall have security procedures in place to ensure that all unclaimed property examination reports and working papers are secure.
(5) A contract auditor shall have the ability to evaluate and comment on the Holder’s procedures and accounting systems related to capturing unclaimed property for present and future reporting period.
(6) A contract auditor shall maintain independence in mental attitude in all matters relating to an examination assignment.
(7) A contract auditor may not engage or present itself as representing the Department in any examination without the prior written consent from the Department.

Source: Rule 141-045-0123 — General Conditions and Requirements of Contract with Contract Auditor, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=141-045-0123.

Last Updated

Jun. 8, 2021

Rule 141-045-0123’s source at or​.us