{"data":{"id":"us-va/12vac5-391-200","jurisdiction":"us-va","citation":"12VAC5-391-200","heading":"Financial controls","body":"A. The hospice program shall document financial resources to operate based on a working budget showing projected revenue and expenses. Hospice programs operating dedicated hospice facilities shall have financial resources to operate based on a separate working budget showing projected revenue and expenses.\n\nB. All financial records shall be kept according to generally accepted accounting principles (GAAP).\n\nC. All financial records shall be audited at least triennially by an independent certified public accountant or audited as otherwise provided by law.\n\nD. The hospice program shall have documented financial controls to minimize risk of theft or embezzlement.","path":["Title 12. Health","Agency 5. Department of Health","Chapter 391. Regulations for the Licensure of Hospice","Part II. Administrative Services"],"source_url":"https://law.lis.virginia.gov/admincode/title12/agency5/chapter391/section200/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:50:09Z","sha256":"0e8157a87e986a4bda6bd0902420a3037c3e071d26b62b01b8c132fc4ffede8f","source_id":"us-va-vac","stale":false,"prev":"us-va/12vac5-391-190","next":"us-va/12vac5-391-210"},"notice":"GroundRules: Original legal text. Not legal advice."}