Fla. Stat. § 215.86
Management systems and controls
Redline — January 1, 2011 → current.View current text →
Current — January 1, 2019
As of January 1, 2011
Each state agency and the judicial branch as defined in s. 216.011 shall establish and maintain management systems and controls that promote and encourage compliance; economic, efficient, and effective operations; reliability of records and reports; and safeguarding of assets. Accounting systems and procedures shall be designed to fulfill the requirements of generally accepted accounting principles.
Each state agency and the judicial branch as defined in s. 216.011 shall establish and maintain management systems and internal controls designed to:
(1) Prevent and detect fraud, waste, and abuse as defined in s. 11.45(1).
(2) Promote and encourage compliance with applicable laws, rules, contracts, and grant agreements.
(3) Support economical and efficient operations.
(4) Ensure reliability of financial records and reports.
(5) Safeguard assets.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.