Code of Federal Regulations - Title 34: Education (December 2005)
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TITLE 34 - EDUCATION
SUBTITLE A - OFFICE OF THE SECRETARY, DEPARTMENT OF EDUCATION
PART 75 - DIRECT GRANT PROGRAMS
subpart f - WHAT ARE THE ADMINISTRATIVE RESPONSIBILITIES OF A GRANTEE?
75.702 - Fiscal control and fund accounting procedures.
A grantee shall use fiscal control and fund accounting procedures that insure proper disbursement of and accounting for Federal funds.
(Authority: 20 U.S.C. 1221e3 and 3474) Cross reference: See 34 CFR part 74, Subpart CPost-Award Requirements and Subpart DAfter-the-Award Requirements and 34 CFR part 80, Subpart CPost-Award Requirements and Subpart DAfter-the-Grant Requirements.
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