W. Va. Code R. § 155-4-6

Current through Register Vol. XLI, No. 50, December 13, 2024
Section 155-4-6 - Accounting Requirements
6.1. The Auditor shall bill each agency for every transaction, as defined and used in the state's central accounting system, WVFIMS, when received for processing. The Auditor shall calculate and bill each agency on a monthly basis.
6.2. The Auditor and Treasurer shall each maintain in their respective offices financial statements of the technology fund according to generally accepted accounting principles.
6.3. The Auditor and Treasurer shall include the fund financial data for their respective offices in the annual statewide cost allocation plan that is submitted to the Federal agency.
6.4. The fund is subject to Federal audit as required for the annual statewide single audit.

W. Va. Code R. § 155-4-6