Section 245.401  Comptroller's Accounting Principles

Each State agency, as defined in the State Comptroller Act [15 ILCS 405], shall use, implement and comply with the accounting principles and procedures promulgated by the Comptroller when reporting or accounting for any transaction involving public funds. These accounting principles and procedures shall constitute an integral part of the uniform accounting system prescribed by law.

(Source:  Amended at 36 Ill. Reg. 9758, effective June 20, 2012)