The Finance Executive shall establish the City’s accounting procedure in such a manner that the accounts will show all financial transactions of each branch of the City Government and all financial transactions relating to all appropriations, funds and sub funds, all cash receipts and disbursements, and all transactions effecting the acquisition, custody, and disposition of assets. Such accounts shall at all times show the fiscal condition of the City, including the current revenues and expenditures of all municipal funds and accounts.
(Prior Code, Art. 1, § 1.5(h))