# Wis. Admin. Code DCF § 57.07: Financial records and audits

> Wisconsin · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_07

## Section

- **Citation:** Wis. Admin. Code DCF § 57.07
- **Heading:** Financial records and audits
- **Jurisdiction:** Wisconsin
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Wisconsin Administrative Code / DCF / Chapter DCF 57 / § DCF 57.07

## Text

Financial records and audits.
(1) A licensee shall arrange for an annual audit report by a certified public accountant in accordance with department guidelines.
(2) A licensee shall establish and maintain an accounting system that enables a group home to accurately report income and disbursements by the cost categories in the cost and service report in s. DCF 57.62 (1) (a) .
(3) A licensee shall be responsible for the secure and judicious use of the funds of the group home. Policies and practices shall be in accord with sound budgeting, disbursement, and audit control procedures.
(4) A licensee shall maintain a system of business management and staffing to ensure complete and accurate accounts, books, and records are maintained.
(5) Upon request, a licensee shall provide the department with financial information about the group home.

## Nearby sections

- [Wis. Admin. Code DCF § 57.01 Authority and purpose](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_01.md)
- [Wis. Admin. Code DCF § 57.02 Exceptions to rules](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_02.md)
- [Wis. Admin. Code DCF § 57.04 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_04.md)
- [Wis. Admin. Code DCF § 57.05 Group home program and policies](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_05.md)
- [Wis. Admin. Code DCF § 57.06 Emergency planning and preparation](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_06.md)
- [Wis. Admin. Code DCF § 57.07 Financial records and audits](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_07.md)
- [Wis. Admin. Code DCF § 57.08 Insurance](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_08.md)
- [Wis. Admin. Code DCF § 57.09 Weapons](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_09.md)
- [Wis. Admin. Code DCF § 57.10 Pets and animals](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_10.md)
- [Wis. Admin. Code DCF § 57.11 Telephone](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_11.md)
- [Wis. Admin. Code DCF § 57.12 Transportation](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_12.md)
- [Wis. Admin. Code DCF § 57.13 Licensee reporting requirements to the department](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_13.md)
- [Wis. Admin. Code DCF § 57.14 Personnel requirements](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_14.md)
- [Wis. Admin. Code DCF § 57.015 Compliance with administrative rules and laws](https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_015.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WI_ADC_DCF_57_07. Check the current official text before relying on it. Not legal advice.