Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 30 - Mineral Resources |
Chapter II - Bureau of Safety and Environmental Enforcement, Department of the Interior |
SubChapter A - Minerals Revenue Management |
Part 227 - DELEGATION TO STATES |
States' Responsibilities To Perform Delegated Functions |
§ 227.301 - What are a State's responsibilities if it performs audits?
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If you perform audits you must:
(a) Comply with the
MMS Audit Procedures Manual and theGovernment Auditing Standards issued by the Comptroller General of the United States;(b) Follow the MMS Annual Audit Work Plan and 5-year Audit Strategy, which MMS will develop in consultation with States having delegated audit authority;
(c) Agree to undertake special audit initiatives MMS identifies targeting specific royalty issues, such as valuation or volume determinations;
(d) Prepare, construct, or compile audit work papers under the appropriate procedures, manuals, and guidelines;
(e) Prepare and submit MMS Audit Work Plans. You may modify your Audit Work Plans with MMS approval; and
(f) Comply with procedures for appealed demands or orders, including meeting timeframes, supplying information, and using the appropriate format.