Illinois Compiled Statutes 30 ILCS 30 Financial Reporting Standards Board Act. Section 20

    (30 ILCS 30/20)

    (Section scheduled to be repealed on June 30, 2016)

    Sec. 20. Audits.

    (a) The Internal Auditor of every State agency that submits a GAAP package must submit an annual audit of its GAAP and financial statement process, if applicable, to the Board.

    (b) The Board shall review all information submitted and may prepare a report for the Comptroller and the Governor.

(Source: P.A. 97-1055, eff. 8-23-12.)

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Last modified: February 18, 2015