(15 ILCS 425/1) (from Ch. 15, par. 601)
Sec. 1.
The State Comptroller shall by rule establish advisory
guidelines for systems of accounting for units of local government which
shall include all cities, villages, incorporated towns, counties,
townships, special purpose districts and any other nonfederal governmental
entities not audited by the Auditor General of the State of Illinois. These
systems shall follow, to the extent practicable, generally accepted accounting principles.
(Source: P.A. 84-259.)
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