Towns shall record their revenues and expenditures according to current generally accepted accounting principles prescribed by the state auditor.
Utah Code § 10-5-105
Revenue and expenditure records
Known as the Uniform Fiscal Procedures Act
The act spans §§ 10–10 (96 sections).
Enacted by Chapter 34, 1983 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.