Accounting System

The accounting system shall conform to generally-accepted accounting principles for governmental agencies. Accounts shall be maintained on a modified accrual basis for governmental fund types and an accrual basis for proprietary fund types, and where appropriate, expenditure accounts shall be encumbered.

 

Code of Iowa: Chapter 257.31(4)

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• Approved: 03-27-78
• Reviewed: 08-28-89
• Revised: 08-24-92
• Reviewed: 07-15-96
• Revised: 01-11-99
• Reviewed: 07-14-03, 03-10-08, 01-13-14
• Revised: 02-14-19
• Documents: 703.1

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