(a)

1. (1) Providers are required to maintain adequate financial records and statistical data for proper determination of costs payable under the program.
2. (2) The cost report is to be based on financial and statistical records maintained by the facility.
3. (3) Cost information must be current, accurate, and in sufficient detail to support costs set forth in the report.
4. (4) This includes all ledgers, books, records, and original evidence of cost (purchase requisitions for supplies, invoices, paid checks, inventories, time cards, payrolls, basis for apportioning costs, etc.) which pertain to the determination of reasonable costs.
5. (5) A provider must make available, within the state, all financial and statistical records to the Department of Human Services or its representatives for the purpose of determining compliance with the provisions of this program.
6. (6) Providers who find it difficult to provide home office records at the audit or review site can, at their option, reimburse the department for all costs associated with the travel of department employees or their representatives in accordance with state laws and rules for the reimbursement of travel for state employees.

(b)

1. (1) The financial and statistical report/cost report and schedules sets forth information to be reported.
2. (2) The report must be prepared on the accrual basis of accounting in accordance with instructions for completion of the cost report.
3. (3) Government facilities have the option to use the cash basis of accounting for reporting.