Assembly Bill No. 255–Committee on Government Affairs

(On Behalf of Legislative Commission’s Audit Subcommittee)

February 16, 1999

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Referred to Committee on Government Affairs

 

SUMMARY—Requires biennial report by director of department of administration on status of internal accounting and administrative controls in certain state agencies. (BDR 31-1201)

FISCAL NOTE: Effect on Local Government: No.

Effect on the State or on Industrial Insurance: Yes.

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT relating to state financial administration; requiring biennial reporting by the director of the department of administration on the status of internal accounting and administrative controls in certain state agencies; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

1-1 Section 1. NRS 353A.025 is hereby amended to read as follows:

1-2 353A.025 1. The head of each agency shall periodically review the

1-3 agency’s system of internal accounting and administrative control to

1-4 determine whether it is in compliance with the uniform system of internal

1-5 accounting and administrative control for agencies adopted pursuant to

1-6 subsection 1 of NRS 353A.020.

1-7 2. On or before July 1 of each even-numbered year, the head of each

1-8 agency shall report to the director whether the agency’s system of internal

1-9 accounting and administrative control is in compliance with the uniform

1-10 system adopted pursuant to subsection 1 of NRS 353A.020. The reports

1-11 must be made available for inspection by the members of the legislature.

1-12 3. The director shall, on or before the first Monday in February of

1-13 each odd-numbered year, submit a report on the status of internal

1-14 accounting and administrative controls in agencies to the:

1-15 (a) Director of the legislative counsel bureau for transmittal to the:

2-1 (1) Senate standing committee on finance; and

2-2 (2) Assembly standing committee on ways and means;

2-3 (b) Governor; and

2-4 (c) Legislative auditor.

2-5 4. The report submitted by the director pursuant to subsection 3 must

2-6 include, without limitation:

2-7 (a) The identification of each agency that has not complied with the

2-8 requirements of subsections 1 and 2;

2-9 (b) The identification of each agency that does not have an effective

2-10 method for reviewing its system of internal accounting and

2-11 administrative control; and

2-12 (c) The identification of each agency that has weaknesses in its system

2-13 of internal accounting and administrative control, and the extent and

2-14 types of such weaknesses.

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