Total Audit Guide for Cemetery Trust and Funeral Trust

STATE OF CALIFORNIA - STATE AND CONSUMER SERVICES AGENCY ARNOLD SCHWARZENEGGER, Governor CEMETERY AND FUNERAL BUREAU 1625 NORTH MARKET BLVD., SUITE S-208 SACRAMENTO, CA 95834 (916) 574-7870 Fax (916) 928-7988 Audit Guide For Cemetery Trust and Funeral Trust Sherrie Moffet-Bell, Bureau Chief Cemetery and Funeral Bureau Prepared by Members of the Cemetery and Funeral Bureau Audit Unit Audit Guide 2006 (01/06) For Cemetery Trust & Funeral Trust Table of Contents ______________________________________________ PageChapter 1 IntroductionAbout This Guide 1-1Chapter 2 Background - Cemetery and Funeral Bureau 2-1Chapter 3 Background - Cemetery Laws & RegulationsBusiness and Professions Code 3-1Health and Safety Codes 3-2California Code of Regulations 3-2Transfer of Cemetery Ownership 3-4Annual Reporting Requirement 3-4Chapter 4 Background - Funeral Laws & RegulationsBusiness and Professions Code 4-1California Code of Regulations 4-1Funeral License Assignment or Transfer 4-2Annual Reporting Requirement 4-2Declaration of Non-Reporting Status Form 4-3Chapter 5 Endowment Care Fund and Special Care FundDistinction between Endowment Care and Special Care 5-1Members of the Board of Trustees 5-1Compensation 5-2Signed acknowledgment 5-2Fidelity Bond Coverage 5-3Endowment Contributions 5-3Special Care Contributions 5-4Separation of the Trust Funds 5-4Realized Capital Gains ...