[Code of Federal Regulations]

[Title 25, Volume 1]

[Revised as of April 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 25CFR23.46]



[Page 111-112]

 

                            TITLE 25--INDIANS

 

     CHAPTER I--BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR

 

PART 23_INDIAN CHILD WELFARE ACT--Table of Contents

 

   Subpart E_General and Uniform Grant Administration Provisions and 

                              Requirements

 

Sec.  23.46  Financial management, internal and external controls and 

other assurances.



    Grantee financial management systems shall comply with the following 

standards for accurate, current and complete disclosure of financial 

activities.

    (a) OMB Circular A-87 (Cost principles for state and local 

governments and federally recognized Indian tribal governments).

    (b) OMB Circular A-102 (Common rule 43 CFR part 12).



[[Page 112]]



    (c) OMB Circular A-128 (Single Audit Act).

    (d) OMB Circular A-110 or 122 (Cost principles for non-profit 

organizations and tribal organizations, where applicable).

    (e) Internal control. Effective control and accountability must be 

maintained for all grants. Grantees must adequately safeguard any 

property and must ensure that it is used solely for authorized purposes.

    (f) Budget control. Actual expenditures must be compared with 

budgeted amounts for the grant. Financial information must be related to 

program performance requirements.

    (g) Source documentation. Accounting records must be supported by 

such source documentation as cancelled checks, paid bills, payrolls, 

time and attendance records, grant documents, or other information 

required by the grantee's financial management system. The Secretary or 

his/her designee may review the adequacy of the financial management 

system of an Indian tribe(s) or off-reservation Indian organization 

applying for a grant under this part.

    (h) Pursuant to 18 U.S.C. 641, whoever embezzles, steals, purloins, 

or knowingly converts to his or her use or the use of another, or 

without authority, sells, conveys or disposes of any record, voucher, 

money, or thing of value of the United States or of any department or 

agency thereof, or any property made or being made under contract for 

the United States or any department or agency thereof; or whoever 

receives, conceals, or retains the same with intent to convert it to his 

or her use or gain, knowing it to have been embezzled, stolen, 

purloined, or converted shall be fined not more than $10,000 or 

imprisoned not more than 10 years, or both; but if the value of such 

property does not exceed the sum of $100, he or she shall be fined not 

more than $1,000 or imprisoned not more than one year, or both.