§ 19-4-506. Accounting and reporting capabilities

AR Code § 19-4-506 (2018) (N/A)
Copy with citation
Copy as parenthetical citation

(1) Present fairly and with full disclosure the financial position and results of financial operations of the funds and account groups of the governmental unit in conformity with generally accepted accounting principles; and

(2) Determine and demonstrate compliance with finance-related legal and contractual provisions.