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 chapter. 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 5.28.2470 of this chapter. 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. (Prior code § 20.16.1510)