Audits of Public Funds and Financial Records

ORS 297.455
Audits by federal government

  • review and approval by Secretary of State

If the accounts and fiscal affairs of a municipal corporation are audited and reviewed for a calendar or fiscal year, in accordance with the requirements of ORS 297.465 (Standards for audits), by auditors provided by the federal government, the Secretary of State may accept for review and filing the audit reports of such federal auditors if the reports also comply with the requirements set forth in ORS 297.465 (Standards for audits). Any such audit reports filed with the Secretary of State shall be subject to the filing fee required by ORS 297.485 (Filing fees). If the audits and reviews and resulting audit reports are found by the Secretary of State to comply with ORS 297.465 (Standards for audits), the municipal corporation will be considered in compliance with ORS 297.425 (Annual audits required). [1977 c.774 §7; 1987 c.143 §7]


Last accessed
Mar. 11, 2023