Documentation For Audits

01. Expenditure Documentation. Must include the amount, date, purpose, payee, and the invoice or other verifiable evidence supporting an expenditure. (7-1-26) 02. Cost Allocation Process. Include depreciation or amortization of assets and indirect expenses allocated to activities or functions based on the original identity of the costs. Documentation to support basis for allocation must be available for verification. The assets referred to in this Section of rule are economic resources of the provider recognized and measured in conformity with GAAP. (7-1-26) 03. Revenue Documentation. Must include the amount, date, purpose, and source of revenue. (7-1-26) 04. Additional Documentation. (7-1-26) a. Providers are given an opportunity to provide documentation before an interim final audit report is issued. (7-1-26) b. Providers are not allowed to submit additional documentation in support of cost items after issuance of the interim final audit report. (7-1-26) 041. – 044. (RESERVED)