Financial And Accounting Responsibilities Of The Division

TITLE 67 STATE GOVERNMENT AND STATE AFFAIRS CHAPTER 19 STATE PLANNING AND COORDINATION 67-1918. Financial and accounting responsibilities of the division. It shall be the duty of the administrator of the division of financial management to work with the financial management technical development committee to: (1)  Develop and implement financial and management reporting systems to serve the needs of budget development and management support. Such systems shall be developed in consultation with the state controller, executive departments, legislature and other elected officials and shall be designed to assist department directors, the governor, and the legislature with their decision-making responsibilities; (2)  Develop recommended changes to the state account structure, accounting policies or accounting procedures, that would benefit financial and management reporting. Such recommendations shall be supplied to the state controller not later than May first of each fiscal year; (3)  Make studies of the effect of federal assistance programs in the state and advise the governor and the legislature of alternative recommended methods and procedures for the administration of these programs; (4)  Study and recommend to the governor methods for improving efficiency of interdepartmental financial functions; (5)  Perform such other duties and perform other studies assigned by the governor in the area of administration for the executive branch.