Bill Text: CA AB1248 | 2013-2014 | Regular Session | Chaptered

California Assembly Bill 1248 (Prior Session Legislation)

Bill Title: Controller: internal control guidelines applicable to local agencies.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2013-08-28 - Chaptered by Secretary of State - Chapter 190, Statutes of 2013. [AB1248 Detail]

Download: California-2013-AB1248-Chaptered.html

BILL NUMBER: AB 1248	CHAPTERED
	BILL TEXT

	CHAPTER  190
	FILED WITH SECRETARY OF STATE  AUGUST 28, 2013
	APPROVED BY GOVERNOR  AUGUST 28, 2013
	PASSED THE SENATE  AUGUST 15, 2013
	PASSED THE ASSEMBLY  MAY 30, 2013
	AMENDED IN ASSEMBLY  MAY 24, 2013

INTRODUCED BY   Assembly Member Cooley

                        FEBRUARY 22, 2013

   An act to add Section 12422.5 to the Government Code, relating to
local government.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1248, Cooley. Controller: internal control guidelines
applicable to local agencies.
   Existing law requires the Controller to superintend the fiscal
concerns of the state, suggest plans for the improvement and
management of the public revenues, and at least annually, summon
county auditors to discuss problems with, among other things, the
reporting of financial transactions of the counties.
   This bill would require the Controller, on or before January 1,
2015, to develop internal control guidelines applicable to a local
agency, as defined, to prevent and detect financial errors and fraud,
based on specified standards and with input from any local agency
and organizations representing the interests of local agencies. This
bill would require the Controller to, by the same date, post the
completed internal control guidelines on the Controller's Internet
Web site and update them, as he or she deems necessary, as specified.



THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 12422.5 is added to the Government Code, to
read:
   12422.5.  (a) On or before January 1, 2015, the Controller shall
develop internal control guidelines applicable to each local agency
to prevent and detect financial errors and fraud.
   (b) The Controller shall develop the internal control guidelines
based on standards adopted by the American Institute of Certified
Public Accountants and with input from any local agency and
organizations representing the interests of local agencies,
including, but not limited to, the League of California Cities, the
California State Association of Counties, the California Special
Districts Association, and the California State Association of County
Auditors.
   (c) On or before January 1, 2015, the Controller shall post the
completed internal control guidelines on the Controller's Internet
Web site to assist a local agency, as defined in subdivision (e), in
establishing a system of internal controls to safeguard assets and
prevent and detect financial errors and fraud.
   (d) The Controller shall, with input from the agencies listed in
subdivision (b), update the internal control guidelines, as he or she
deems necessary, and maintain a current version on the Internet Web
site.
   (e) For purposes of this section, "local agency" means a city,
county, city and county, special district, or any other local
governmental entity, except a school district.