§ 10-4-413. Audits of schools
(a) Except as provided in subdivision (b)(1) of this section, the Legislative Auditor shall audit schools. (b) (1) (A) A school may retain the services of a licensed certified public accountant or a licensed accountant in public practice in good standing with the Arkansas State Board of Public Accountancy to conduct an annual financial audit […]
§ 10-4-414. Audits of prosecuting attorneys
(a) The Legislative Auditor shall audit prosecuting attorneys in the State of Arkansas. (b) Regulatory Basis. (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) […]
§ 10-4-415. Monitoring of reports by the Legislative Joint Auditing Committee
The Legislative Joint Auditing Committee shall monitor reports presented to the Legislative Joint Auditing Committee to ensure that they meet the needs of: (1) The General Assembly; (2) Entities of the state; (3) Political subdivisions of the state; (4) Schools; and (5) The general public.
§ 10-4-309. Enforcement by prosecuting attorney
(a) (1) In such cases when compliance has not been obtained by the public servant within the above-given time periods, the Legislative Joint Auditing Committee shall notify the respective prosecuting attorney of each public servant and the prosecuting attorney shall conduct an investigation into the transactions coming within the fiscal management laws contained in § […]
§ 10-4-401. Arkansas Legislative Audit — Creation
(a) There is created under the authority of the General Assembly an agency known as “Arkansas Legislative Audit”. (b) Arkansas Legislative Audit shall be headed by the Legislative Auditor, who shall be selected by the Legislative Joint Auditing Committee.
§ 10-4-402. Definitions
(a) As used in this subchapter: (1) “Audit” means a financial audit, performance audit, information technology audit, review, report of agreed-upon procedures, compilation, examination, investigation, or other report or procedure approved by the Legislative Joint Auditing Committee for an entity of the state or a political subdivision of the state; (2) “Entity of the state” […]
§ 10-4-403. Authority of Legislative Auditor
(a) The Legislative Auditor has the authority to perform an audit of any entity of the state, political subdivision of the state, or transaction relating to public funds and to prepare a written report of the audit to the Legislative Joint Auditing Committee and to the entity being audited. (b) (1) In addition, the Legislative […]
§ 10-4-404. Qualifications of Legislative Auditor
(a) The Legislative Auditor shall be a licensed certified public accountant in the State of Arkansas with at least seven (7) years of government auditing experience prior to being appointed. (b) At the time of appointment, the Legislative Auditor shall not be related in the second degree of consanguinity or affinity to any member of […]
§ 10-4-405. Employment and removal of Legislative Auditor
(a) The Legislative Auditor shall be employed by a majority vote of the membership of the Legislative Joint Auditing Committee, and the name of the person selected shall be presented to each house of the General Assembly for confirmation by both houses if the General Assembly is in session at the time of the selection. […]
§ 10-4-301. Title
This subchapter shall be known as the “Arkansas Governmental Compliance Act”.