Vermont § 312 - Audits

Full text of Vermont Vermont Statutes Online § 312 — Audits, with citation guidance and answers to common questions.

§ 312. Audits

  • (a) The City Council shall prior to the close of each financial year employ by contract
    a public accountant to examine the financial statements of the funds of the City. (b) Annual examination of the financial statements shall be conducted in accordance with
    generally accepted auditing standards and the financial and compliance standards for
    audit of governmental organizations, programs, activities, and functions. For the
    purpose of examination and audit authorized by the City, all records, account books,
    papers, reports, and returns of all departments, including the trustees and custodians
    of trust funds and all officers and employees who receive or disburse funds for the
    benefit of the City, shall be made available for audit. It shall also be the duty
    of each City officer or employee to provide oral explanatory information when required
    by the public accountant. (c) As a matter of policy, the City Council shall solicit public bids from public accountants
    at least once in every three-year period.

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Frequently Asked Questions About Vermont § 312

What does Vermont Statutes Online § 312 cover?

Section 312 ("Audits") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Vermont § 312?

A common citation format is "Vermont Statutes Online § 312" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 312 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.