(a) Retention of audit documentation. The auditor must retain audit documentation and reports for a minimum of three years
after the date of issuance of the auditor's report(s) to the auditee, unless the auditor
is notified in writing by the cognizant agency for audit, oversight agency for audit,
cognizant agency for indirect costs, or pass-through entity to extend the retention
period. When the auditor is aware that the Federal agency, pass-through entity, or auditee
is contesting an audit finding, the auditor must contact the parties contesting the
audit finding for guidance prior to destruction of the audit documentation and reports.
(b) Access to audit documentation. Audit documentation must be made available upon request to the cognizant or oversight
agency for audit or its designee, cognizant agency for indirect cost, a Federal agency,
or GAO at the completion of the audit, as part of a quality review, to resolve audit
findings, or to carry out oversight responsibilities consistent with the purposes
of this part. Access to audit documentation includes the right of Federal agencies to obtain copies
of audit documentation, as is reasonable and necessary.
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