C.R.S. Section 24-17-102
Control system to be maintained

(1)

Each principal department of the executive department of the state government listed in section 24-1-110 shall institute and maintain systems of internal accounting and administrative control within said department, which shall be applicable to all agencies within said department and which shall provide for:

(a)

A plan of organization that specifies such segregation of duties as may be necessary to assure the proper safeguarding of state assets;

(b)

Restrictions permitting access to state assets only by authorized persons in the performance of their assigned duties;

(c)

Adequate authorization and record-keeping procedures to provide effective accounting control over state assets, liabilities, revenues, and expenditures;

(d)

Personnel of quality and integrity commensurate with their assigned responsibilities;

(e)

An effective process of internal review and adjustment for changes in conditions.

Source: Section 24-17-102 — Control system to be maintained, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-24.­pdf (accessed Oct. 20, 2023).

Green check means up to date. Up to date

Current through Fall 2024

§ 24-17-102’s source at colorado​.gov