My WebLink
|
Help
|
About
|
Sign Out
Home
2014 Approved Budget
Roseville
>
Budget
>
2014 Approved Budget
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/11/2014 4:37:25 PM
Creation date
3/11/2014 4:25:42 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
148
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
City of Roseville — 2014 Budget <br />Accounting & Auditing Policy <br />Purpose <br />To ensure accurate and consistent accounting practices that conform to generally accepted accounting <br />principles to ensure public confidence in and ensure the integrity of the City's financial system. <br />Polic <br />❑ The City will establish and maintain a high standard of accounting practices. <br />❑ The accounting system will maintain records on a basis consistent with accepted standards for local <br />government accounting as established by State law and GAAFR. <br />❑ Regular monthly and annual financial reports will present a summary of financial activity by major <br />types of funds. <br />❑ Where possible, the reporting system will also provide monthly information on the total cost of <br />specific services by type of expenditure and, if necessary, by fund. <br />❑ An independent public accounting firm shall be engaged to perform an annual audit of all accounts, <br />funds, and activities, and will publicly issue a financial opinion. <br />❑ Independent accounting firms shall be engaged for a period of not more than three years, selected <br />through an open request for proposal process, and shall not be allowed to renew the City's account <br />for more than three years. <br />Implementation <br />The City has earned the GFOA Excellence in Financial Reporting award each year since 1979. <br />120 <br />
The URL can be used to link to this page
Your browser does not support the video tag.