§ 51-2a-201. Accounting reports required.  


Latest version.
  • (1) The governing board of an entity whose revenues or expenditures of all funds is $500,000 or more shall cause an audit to be made of its accounts by a competent certified public accountant.
    (2) The governing board of an entity whose revenues or expenditures of all funds is less than $500,000 shall cause a financial report to be made in the manner prescribed by the state auditor.
Amended by Chapter 162, 2013 General Session