§ 10-4-414. Audits of prosecuting attorneys

(a) The Legislative Auditor shall audit prosecuting attorneys in the State of Arkansas.

(b) Regulatory Basis.

1. (1) For prosecuting attorney financial audits, the financial statements shall be presented on a fund basis format with, at a minimum, the general fund presented separately and all other funds included in the audit presented in the aggregate.

2. (2) The financial statements shall consist of the following:

   1. (A) A balance sheet;

   2. (B) A statement of revenues (receipts), expenditures (disbursements), and changes in fund equity (balances); and

   3. (C) Notes to the financial statements.

3. (3) The report shall include as supplemental information a schedule of capital assets, including:

   1. (A) Land;

   2. (B) Buildings; and

   3. (C) Equipment.