(A) The town hereby adopts as policy the internal control standards as set forth by the Indiana State Board of Accounts Uniform Internal Control Standards for Indiana Political Subdivisions Manual’s expressly written and published by the Indiana State Board of Accounts in September 2015, and as amended from time to time.
(B) At the time the annual financial report is electronically filed, the Clerk-Treasurer as fiscal officer of the town shall certify in writing that the uniform internal control standards for Indiana Political Subdivisions have been adopted and shall certify that the personnel have been trained as required by law.
(C) The town upon the Clerk-Treasurer, town officials, employees, and agents to enforce and comply with the policy on materiality and process for reporting material items and to report noteworthy items to the State Board of Accounts,
(Ord. 744, passed 12-19-2016)