Change provisions relating to audit examinations by the Auditor of Public Accounts

Updated the required audit standards from the 2011 and 2018 revisions of Government Auditing Standards to ensure compliance with current federal guidelines.

Requires audited entities to submit a detailed written description of corrective actions taken or planned within six months of receiving a management letter or report.

Expanded the list of entities subject to examination to include rural water districts, community mental health centers, educational service units, and various other local authorities.

Provided a specific definition for 'service contractor or subrecipient' to clarify that it applies to nonprofit entities expending funds but excludes individual beneficiaries and licensed healthcare providers.

Mandated that the Auditor of Public Accounts must electronically submit investigation reports regarding corrective actions to the Governor, relevant legislative committees, and the Appropriations Committee.