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2009 SESSION

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SB 555 Auditor of Public Accounts; auditing services.

Introduced by: Mark D. Obenshain | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Auditor of Public Accounts; auditing services.  Provides that auditing services for city and county officials and executive branch agencies handling state funds may be performed by licensed independent certified public accountants in lieu of such services being performed by the Auditor of Public Accounts. Such officials and agencies would be authorized to contract with licensed independent certified public accountants for such auditing services. If the Auditor of Public Accounts performs such auditing services, he would be authorized to charge a fee that does not exceed the reasonable cost for similar services provided by a licensed independent certified public accountant.

Any savings to the Commonwealth from any decrease in general fund appropriations to the Auditor of Public Accounts would be appropriated to executive branch agencies handling state funds to pay for auditing services.


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