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10 <br />and objectives of the Budget and Project List — Attachment A, Scope of Work — Attachment B, and all <br />other applicable laws and regulations. <br />IF THE CONTRACTOR HAS QUESTIONS REGARDING THE <br />APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE <br />CONTRACTOR'S DUTY TO PROVIDE PUBLIC RECORDS RELATING <br />TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC <br />RECORDS AT: (850) 815-4156, Records@em.myflorida.com, or 2555 <br />Shumard Oak Boulevard, Tallahassee, FL 32399. <br />(11)AUDITS <br />a. The Sub -Recipient shall comply with the audit requirements contained in 2 C.F.R. <br />Part 200, Subpart F. <br />b. In accounting for the receipt and expenditure of funds under this Agreement, the <br />Sub -Recipient shall follow Generally Accepted Accounting Principles ("GAAP"). As defined by 2 C.F.R. <br />§200.49, GAAP "has the meaning specified in accounting standards issued by the Government <br />Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB)." <br />c. When conducting an audit of the Sub -Recipient's performance under this Agreement, <br />the Division shall use Generally Accepted Government Auditing Standards ("GAGAS"). As defined by 2 <br />C.F.R. §200.50, GAGAS, "also known as the Yellow Book, means generally accepted government <br />auditing standards issued by the Comptroller General of the United States, which are applicable to <br />financial audits." <br />d. If an audit shows that all or any portion of the funds disbursed were not spent in <br />accordance with the conditions of this Agreement, the Sub -Recipient shall be held liable for <br />reimbursement to the Division of all funds not spent in accordance with these applicable regulations and <br />Agreement provisions within thirty days after the Division has notified the Sub -Recipient of such non- <br />compliance. <br />e. The Sub -Recipient shall have all audits completed by an independent auditor, which <br />is defined in section 215.97(2)(h), Florida Statutes, as "an independent certified public accountant <br />licensed under chapter 473." The independent auditor shall state that the audit complied with the <br />applicable provisions noted above. The audit must be received by the Division no later than nine months <br />from the end of the Sub -Recipient's fiscal year. <br />f. The Sub -Recipient shall send copies of reporting packages for audits conducted in <br />accordance with 2 C.F.R. Part 200, by or on behalf of the Sub -Recipient, to the Division at the following <br />address: <br />DEMSingle_Audit@em.myflorida.com <br />OR <br />Office of the Inspector General <br />2555 Shumard Oak Boulevard <br />