Bill Text: IA SF2311 | 2023-2024 | 90th General Assembly | Introduced
Bill Title: A bill for an act relating to audits of state entities by certified public accountants.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed) 2024-03-12 - Subcommittee returns the bill to Committee without recommendation. Vote Total: 2-0. [SF2311 Detail]
Download: Iowa-2023-SF2311-Introduced.html
Senate
File
2311
-
Introduced
SENATE
FILE
2311
BY
BOUSSELOT
A
BILL
FOR
An
Act
relating
to
audits
of
state
entities
by
certified
public
1
accountants.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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Section
1.
Section
11.2,
subsection
1,
Code
2024,
is
amended
1
to
read
as
follows:
2
1.
The
auditor
of
state
shall
annually,
and
more
often
3
if
deemed
necessary,
audit
the
state
and
all
state
officers
4
and
departments
receiving
or
expending
state
funds,
except
5
that
the
accounts,
records,
and
documents
of
the
treasurer
of
6
state
shall
be
audited
daily.
Notwithstanding
any
provision
7
of
law
to
the
contrary,
when
subject
to
an
audit
under
this
8
subsection,
a
department
may
fulfill
the
requirements
of
this
9
subsection
by
instead
employing
a
certified
public
accountant
10
to
perform
the
audit
and
submitting
the
results
to
the
auditor
11
of
state.
12
Sec.
2.
Section
11.32,
Code
2024,
is
amended
to
read
as
13
follows:
14
11.32
Certified
accountants
employed.
15
Nothing
in
this
chapter
shall
prohibit
the
auditor
of
state
16
or
a
department
,
with
the
prior
written
permission
of
the
state
17
executive
council,
from
employing
certified
public
accountants
18
for
specific
assignments.
The
auditor
of
state
or
a
department
19
may
employ
such
accountants
for
any
assignment
expressly
20
reserved
to
the
auditor
of
state
or
for
the
purposes
set
forth
21
in
section
11.2,
subsection
1
.
Payments,
after
approval
by
the
22
executive
council,
shall
be
made
to
the
accountants
so
employed
23
from
funds
from
which
the
auditor
of
state
would
have
been
paid
24
had
the
auditor
of
state
performed
the
assignment,
or
if
such
25
specific
funds
are
not
available,
then
authorization
of
the
26
expense
by
the
executive
council
shall
be
requested,
and
if
27
authorized
shall
be
paid
from
the
appropriations
addressed
in
28
section
7D.29
.
29
EXPLANATION
30
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
31
the
explanation’s
substance
by
the
members
of
the
general
assembly.
32
Under
current
law,
the
auditor
of
state
(auditor)
is
33
required
to
annually,
and
more
often
if
deemed
necessary,
audit
34
the
state
and
all
state
officers
and
departments
receiving
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2311
or
expending
state
funds.
This
bill
authorizes
a
department
1
subject
to
such
an
audit
to
instead
employ
a
certified
public
2
accountant
(CPA)
to
perform
the
audit
and
submit
the
results
3
of
the
audit
to
the
auditor.
The
bill
requires
the
CPAs
to
be
4
paid
for
by
moneys
which
the
auditor
would
have
been
paid
had
5
the
auditor
performed
the
assignment
or
appropriations
to
the
6
executive
council.
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