House File 2358 - Introduced



                                       HOUSE FILE       
                                       BY  JACOBS


    Passed House, Date                Passed Senate,  Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act requiring complete financial audits of state departments
  2    by the auditor.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 5103YH 81
  5 ec/sh/8

PAG LIN



  1  1    Section 1.  Section 11.2, Code 2005, is amended by adding
  1  2 the following new subsection:
  1  3    NEW SUBSECTION.  3.  At least once every five years, the
  1  4 auditor of state shall conduct a complete financial audit of
  1  5 every department.  In conducting the audit, the auditor shall
  1  6 verify every financial transaction of the department for the
  1  7 year subject to the audit.
  1  8                           EXPLANATION
  1  9    This bill requires the auditor of state to conduct a
  1 10 complete financial audit of every state department at least
  1 11 once every five years.  The bill provides in conducting this
  1 12 audit that the auditor verify every financial transaction of
  1 13 the department for the year subject to the audit.
  1 14 LSB 5103YH 81
  1 15 ec:nh/sh/8