Nac: Chapter 353A - Internal Accounting And Administrative Control

Link to law: http://www.leg.state.nv.us/nac/NAC-353A.html
Published: 2015

[Rev. 11/21/2013 4:07:28

PM--2013]



[NAC-353A Revised Date: 4-12]

CHAPTER 353A - INTERNAL ACCOUNTING AND

ADMINISTRATIVE CONTROL

353A.100         Training for administration of

budgetary accounts required; contents of training; evaluation of effectiveness

of training.

 

 

 

      NAC 353A.100  Training for administration of budgetary accounts required;

contents of training; evaluation of effectiveness of training.

     1.  The head of an agency and any employee of

an agency whose duties include administering budgetary accounts shall, at least

once every 5 years, attend training provided by the Division of Internal

Audits. Each agency is responsible for the attendance of any employee required

to attend training.

     2.  The training must include instruction in:

     (a) Systems of internal accounting and

administrative controls;

     (b) Methods for documenting systems of internal

accounting and administrative controls;

     (c) Methods for evaluating the effectiveness of a

system of internal accounting and administrative controls;

     (d) Any subject which is of concern to a particular

agency relating to its system of internal accounting and administrative

controls;

     (e) Laws and regulations of this state and the

Federal Government concerning systems of internal accounting and financial

management that are applicable to the operations of a particular agency; and

     (f) Any other areas of financial management which

affect the budgetary accounts of any agency.

     3.  An employee who attends such training

shall answer any question submitted by the Division of Internal Audits to

evaluate the effectiveness of the training provided to the employee.

     4.  An agency shall notify the Division of

Internal Audits within 30 days after an employee is hired for or promoted or

otherwise transferred into a position whose duties include administering

budgetary accounts and arrange training for the employee.

     5.  As used in this section:

     (a) “Administering budgetary accounts” means the

financial administration of the resources of an agency and the protection of

those resources against waste, loss and misuse.

     (b) “Agency” has the meaning ascribed to it in NRS 353A.010.

     (c) “Training” means a curriculum of instruction

approved by the Administrator of the Division of Internal Audits which is

provided in a classroom or similar setting.

     (Added to NAC by Bd. of Exam’rs, eff. 6-18-96)
Read Entire Law on www.leg.state.nv.us