Ga. Comp. R. & Regs. r. 160-5-2-.23 – Financial Management for Georgia Local Units of Administration

Rule 160-5-2-.23. Financial Management for Georgia Local Units of Administration

(1) Requirements.
1. (a) Local units of administration shall comply with procedures prescribed in the Financial Management for Georgia Local Units of Administration, copies of which are available from the department.
2. (b) Local units of administration shall adhere to generally accepted governmental accounting principles.

Authority: O.C.G.A. Secs. 20-2-167, 20-2-180, 20-2-411, 20-2-504.

History. Original Rule entitled "Georgia Financial Accounting Handbook for Local School Systems" adopted. F. Nov. 30, 1990; eff. Dec. 20, 1990.

Amended: Rule retitled "Financial Management for Georgia Local Units of Administration." F. Mar. 9, 1995; eff. Mar. 29, 1995.