Connecticut General Statutes 31-426 – Annual report. Audit. Memoranda of understanding
(a) The Comptroller shall keep an accurate account of all its activities, receipts and expenditures of the Connecticut Retirement Security Program and shall submit, in accordance with the provisions of § 11-4a, a report detailing such activities, receipts and expenditures to the Connecticut Retirement Security Advisory Board, the Governor, the Office of Auditors of Public Accounts and the joint standing committees of the General Assembly having cognizance of matters relating to labor and finance, revenue and bonding on or before December thirty-first annually. Such report shall be in a form prescribed by the board and shall include projected activities of the Comptroller for the next fiscal year.
Terms Used In Connecticut General Statutes 31-426
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(b) The Auditors of Public Accounts may conduct a full audit of the books and accounts of the program pertaining to such activities, receipts and expenditures, personnel, services or facilities, in accordance with the provisions of § 2-90. For the purposes of such audit, the Auditors of Public Accounts shall have access to the properties and records of the program.