The internal control standards as established by I.C. 5-11-1-27(e) are hereby adopted here by reference and shall supercede and repeal existing oral or written personnel policies and procedures. The defined acceptable minimum level of internal control standards for internal control systems of political subdivisions, includes: control environment, risk assessment, control activities, information and communication, and monitoring.
(Ord. 2016-002, passed 3-8-2016)