Utah Code > Title 63A > Chapter 3 > Part 2 – Accounting System


§ 63A-3-201	Appointment of accounting and other officers and employees by director of the Division of Finance — Delegation of powers and duties by director — Background checks
§ 63A-3-202.1	Definitions
§ 63A-3-202.5	Comprehensive state accounting system — Approval of agency accounting systems — Cost accounting systems required
§ 63A-3-203	Accounting control over state departments and agencies — Prescription and approval of financial forms and accounting systems
§ 63A-3-204	Financial control system — Financial reports as to state funds — Information required of executive directors of state departments
§ 63A-3-205	Revolving loan funds — Standards and procedures

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Terms Used In Utah Code > Title 63A > Chapter 3 > Part 2 - Accounting System

accounting system: means :
(1) a system that integrates into the state's general ledger accounting system;
(2) a system used to summarize information that is manually entered into the state's general ledger accounting system;
(3) a system used to collect and maintain:
(3)(a) detailed financial information on each individual transaction or event; or
(3)(b) information used to present the funds and activities of the state;
(4) a system used to determine and demonstrate financial compliance with legal, federal, audit, and contractual provisions; or
(5) a system similar to a system described in Subsections (1) through (4). See Utah Code 63A-3-202.1
Agency: means a board, commission, institution, department, division, officer, council, office, committee, bureau, or other administrative unit of the state, including the agency head, agency employees, or other persons acting on behalf of or under the authority of the agency head, the Legislature, the courts, or the governor, but does not mean a political subdivision of the state, or any administrative unit of a political subdivision of the state. See Utah Code 63A-1-103
Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Department: means the Department of Government Operations. See Utah Code 63A-1-103
Executive director: means the executive director of the Department of Government Operations. See Utah Code 63A-1-103
Fair Credit Reporting Act: A federal law, established in 1971 and revised in 1997, that gives consumers the right to see their credit records and correct any mistakes. ^{Source: OCC}
Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
Person: means :
     (24)(a) an individual;
     (24)(b) an association;
     (24)(c) an institution;
     (24)(d) a corporation;
     (24)(e) a company;
     (24)(f) a trust;
     (24)(g) a limited liability company;
     (24)(h) a partnership;
     (24)(i) a political subdivision;
     (24)(j) a government office, department, division, bureau, or other body of government; and
     (24)(k) any other organization or entity. See Utah Code 68-3-12.5
Property: includes both real and personal property. See Utah Code 68-3-12.5
State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5