SECTIONS 8880.46.5-8880.46.6 - California Statutes

GOVERNMENT CODE

SECTION 8880.46.5-8880.46.6

8880.46.5. The director shall engage an independent firm of
certified public accountants to conduct an annual audit of all
accounts and transactions of the lottery. The audited financial
statements shall be presented to the commission, the Governor, the
Controller, the Treasurer, the Attorney General, and the Legislature
not more than 120 days after the close of the fiscal year. The
independent auditor's report shall be posted on the Internet.

8880.46.6. The Controller shall conduct quarterly and annual
postaudits of all accounts and transactions of the commission and
other special postaudits as the Controller deems necessary. The
Controller or his or her agents conducting an audit under this
chapter shall have access and authority to examine any and all
records of the commission, its distributing agencies, lottery
contractors, and lottery game retailers. The Controller may issue a
public report of any annual postaudit, which shall be posted on the
Internet.