UTAH CODE (Last Updated: January 16, 2015) |
Title 51. Public Funds and Accounts |
Chapter 2a. Accounting Reports from Political Subdivisions, Interlocal Organizations, and Other Local Entities Act |
Part 2. Accounting Reports |
§ 51-2a-201. Accounting reports required.
Latest version.
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(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