The town finds that in fulfilling its mission, a system of internal controls is necessary to advancing the following objectives:
(A) Operations objectives which involve the ways governmental services are performed and the performance of those providing governmental services including by way of example budgeting, purchasing, permitting, cash management and planning among others;
(B) Reporting objectives which involve the filing of financial and nonfinancial information to those inside the government and those outside of the government including by way of example filing the annual report, audit and examination cooperation, filing uniform conflict of interest forms and the other filings with any governmental agency or official or information required to be kept; and
(C) Compliance objectives involve the adherence to law and regulations including by way of example following guidance documents such as State Board of Accounts’ manuals, bulletins, directives and the Department of Local Government Finance’s forms and directions and including other compliance related trainings and documents.
(Ord. 2016-5, passed 7-19-2016)