The auditor of the cable television commission may, from time to time during the term
of a license prescribe standards governing the nature, extent and type of accounting
system and accounting procedures utilized by a licensee and require changes in accounting
standards or procedures utilized by a licensee, for the purpose of promoting the efficient
administration of the license fee requirements of this article. Any such standards
shall be in writing, shall be filed with the clerk of the board of directors of the
commission, and shall be mailed to the Licensee to whom directed[.] A licensee shall
promptly comply with all such standards.
During the term of each license, the cable television commission may, not more frequently
than once each year, conduct an audit of the books, records and accounts of the licensee
for the purpose of determining whether the licensee has paid license fees in the amounts
prescribed by section 90-692, above. The audit may be conducted by the auditor of the commission or by an independent
certified public accounting firm retained by the commission, and shall be conducted
at the sole expense of the commission. The party conducting the audit shall prepare
a written report containing its findings, and the report shall be filed with the clerk
of the board of directors of the commission, and mailed to the county, cities and
licensee. Each licensee shall make available for inspection by authorized representatives
of the cable television commission, its books, accounts, and all other financial records
at reasonable times and upon reasonable advance notice for the purpose of permitting
exercise of the authorities conferred by this section.
