68 IAC 15-14-1
68 IAC 15-14-1 Applicability; general provisions
Cite as Ind. Admin. Code tit. 68, r. 15-14-1
Sec. 1. (a) Each casino licensee shall undergo an annual audit of its annual financial statements.
(b) The casino licensee shall recommend an independent certified public accountant to perform the audit. The executive director or the
executive director's designee must approve of the selection of the independent certified public accountant prior to the commencement of a contract
between the accountant and the casino licensee.
(c) The audit shall:
(1) be performed in accordance with generally accepted accounting principles; and
(2) contain the opinion of the independent certified public accountant as to its fair presentation in accordance with generally accepted
accounting principles.
(d) The casino licensee is responsible for the cost of audits required by this section.