Ala. Admin. Code r. 356-X-4-.03
Current through Register Vol. 43, No. 1, October 31, 2024
A system of internal controls will be maintained which will safeguard all assets, check the accuracy and reliability of the accounting data, promote operational efficiency, and affect adherence to prescribed Board policies. The executive director will specify those internal control procedures necessary for proper fiscal management. ASFA is subject to annual audit by the State Board of Examiners, Department of Finance, State of Alabama.
Author:
Ala. Admin. Code r. 356-X-4-.03
Statutory Authority: H.J.R. 145, September 17, 1971.