29.180. The state auditor in cooperation with the budget director shall establish appropriate systems of accounting for all officers and agencies of the state, including all educational and eleemosynary institutions, and he shall also prescribe systems of accounting for all county officers. Such systems of accounting shall conform to recognized principles of governmental accounting and shall be uniform in application to offices of the same grade and kind and to accounts of the same kind. Such systems of accounting shall be adequate to record all assets and revenues accrued, all liabilities and expenditures incurred, as well as all cash receipts and disbursements, and all transactions affecting the acquisition and disposition of property, including the preparation and keeping of inventories of all property. Each department shall keep such accounts in accordance with the system of accounts prescribed by the auditor.
(RSMo 1939 § 13095, A.L. 1945 p. 584 §§ 20, 22, 24, A. 1949 S.B. 1012)Prior revisions: 1929 § 11479; 1919 § 13303
(1997) For purposes of Hancock Amendment, state auditor's duties include establishing accounting for calculating total state revenues and revenue limit and enforcing such accounting system. Kelly v. Hanson, 959 S.W.2d 107 (Mo.banc).
Missouri General Assembly