48 U.S.C. § 1631 : US Code - Section 1631: Establishment and maintenance; scope

Search 48 U.S.C. § 1631 : US Code - Section 1631: Establishment and maintenance; scope

The Governor shall establish and maintain systems of accounting
and internal control designed to provide -
(a) full disclosure of the financial results of the
government's activities;
(b) adequate financial information needed for the government's
management purposes;
(c) effective control over and accountability for all funds,
property, and other assets for which the government is
responsible, including appropriate internal audit; and
(d) reliable accounting results to serve as the basis for
preparation and support of the government's request for the
approval of the President or his designated representative for
the obligation and expenditure of the internal revenue
collections as provided in section 26, the Governor's budget
request to the legislature, and for controlling the execution of
the said budget.