APPROVED: May 28, 2020
EFFECTIVE: June 18, 2020
REFERENCES: State Fiscal Rules, Chapter 1
/ Rollie Heath /
The Honorable S.R. Heath, Jr., Chair
The State Board for Community Colleges and Occupational Education has an obligation to implement internal accounting and administrative controls in order to reasonably ensure that financial transactions are accurate, reliable, and conform to the State of Colorado, Office of the State Controller Fiscal Rules, and reflect the underlying realities of the accounting transaction.
This policy applies to the thirteen (13) community colleges within the Colorado Community College System (CCCS or System) and the System Office.
The Chancellor shall promulgate such procedures as may be necessary to implement this policy.