3410

Policy

Business

System of Accounts

The accounting systems and procedures used shall conform to accounting procedures specified by the State for uniform maintenance of records of receipts and disbursements (see 9350).

The board of education shall cause to be examined annually by a public accountant or by a certified public accountant all financial records which are maintained directly or indirectly in the administration and management of district funds. A copy of the report shall be filed as required by state law.

The Superintendent and other appropriate district personnel are expected to confer with appropriated specialists from the Nebraska Department of Education, school district auditors, and other knowledgeable persons or groups to ensure that accounting systems and procedures used for management of district funds conform to accounting procedures specified by the State and recommended for best business practice.

Legal Reference: R.R.S.

79-1088 School districts; uniform system of accounting; duty of State Department of Education to prescribe.

79-1089 Audit by public accountant or certified public accountant; report; failure to comply; effect.

Adopted: October 4, 1983

Revised: February 6, 2006