New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 30 - LOCAL FINANCE BOARD
Subchapter 15 - ACCUMULATED ABSENCE MANAGEMENT AND FINANCING
Section 5:30-15.10 - Compensated absence compliance testing in annual audit
Universal Citation: NJ Admin Code 5:30-15.10
Current through Register Vol. 56, No. 18, September 16, 2024
(a) As part of the annual audit, the auditor shall undertake sample testing of the local unit's compensated absence liability, if any, using the following procedures:
1. Inspect employee personnel records to:
i. Confirm whether those records support the
number of hours or days of accumulated absence recorded for the employee being
tested; and
ii. Identify whether
the employee is subject to the provisions at
P.L.
2007, c. 92 or
P.L.
2010, c. 3, pertaining
to accumulated or compensated absence;
2. Confirm that the dollar value of
compensated absence recorded for the employee being tested is authorized by a
labor contract, individual employment agreement, or an ordinance or resolution,
as appropriate to the local unit. If the employee is subject to the provisions
at P.L.
2007, c. 92 or
P.L.
2010, c. 3, pertaining
to accumulated or compensated absence, the auditor shall confirm that the
recorded dollar value does not exceed that authorized pursuant to law;
and
3. Confirm that a payout to an
employee for accumulated absence is authorized by a labor contract, individual
employment agreement, or an ordinance or resolution, as appropriate to the
local unit. If the employee is subject to the provisions at
P.L.
2007, c. 92 or
P.L.
2010, c. 3, pertaining
to compensation for accumulated absence, the auditor shall confirm that the
payout is authorized pursuant to law.
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