Section 35-14-1. – Short title.

§ 35-14-1. Short title. This chapter shall be known and may be cited as the “Financial Integrity and Accountability Act of 1986.” History of Section.P.L. 1986, ch. 287, § 1.

Section 35-14-2. – Policy.

§ 35-14-2. Policy. (a) The legislature hereby finds that: (1) Fraud and errors in state programs are more likely to occur from a lack of sufficient internal control structures at state agencies; (2) Effective internal control structures provide the basic foundation upon which public accountability must be built; (3) An entity’s system of internal control […]

Section 35-14-3. – Agency responsibilities.

§ 35-14-3. Agency responsibilities. State agency heads are responsible for the establishment and maintenance of a system or systems of internal accounting and administrative control within their agencies. This responsibility includes: (1) Documenting the system; (2) Communicating system requirements to employees; and (3) Assuring that the system is functioning as prescribed and is modified, as […]

Section 35-14-4. – Internal accounting controls.

§ 35-14-4. Internal accounting controls. (a) Internal accounting and administrative controls are the methods through which reasonable assurances can be given that measures adopted by state agency heads to safeguard assets, check the accuracy and reliability of accounting data, promote operational efficiency, and encourage adherence to prescribed managerial policies are being followed. The elements of […]

Section 35-14-5. – Definitions.

§ 35-14-5. Definitions. As used in this chapter: (1) “Controller” means the state controller. (2) “Director” means the director of administration. (3) “Governor” means the governor of Rhode Island. History of Section.P.L. 1986, ch. 287, § 1.

Section 35-14-6. – Annual report.

§ 35-14-6. Annual report. (a) To ensure that the requirements of this chapter are fully complied with, the head of each agency shall prepare and submit a report on the adequacy of the agency’s systems of internal accounting and administrative control by December 31 of each year. (b) The report, including the state agency’s response […]