Illinois Administrative Code
Title 74 - PUBLIC FINANCE
Part 245 - ACCOUNTING PRINCIPLES AND PROCEDURES
Section 245.401 - Comptroller's Accounting Principles
Universal Citation: 74 IL Admin Code ยง 245.401
Current through Register Vol. 48, No. 38, September 20, 2024
Each State agency, as defined in the State Comptroller Act [15 ILCS 405 ], shall use, implement and comply with the accounting principles and procedures promulgated by the Comptroller when reporting or accounting for any transaction involving public funds. These accounting principles and procedures shall constitute an integral part of the uniform accounting system prescribed by law.
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