Alabama SB164 removes the restriction on hiring the same accountant for consecutive audits in Class IV municipalities.

Alabama SB164 amends Section 11-43B-9 of the Code of Alabama 1975 to remove the restriction on hiring the same accountant for consecutive audits in Class IV municipalities. Previously, the same accountant could not conduct the audit for more than three consecutive years. The bill also mandates that the mayor shall prepare a detailed statement of all receipts and expenses of the city at the end of each fiscal year. The council shall cause the books and accounts of the city to be audited by a reputable, disinterested certified public accountant. The act becomes effective on October 1, 2026.

Alabama SB164 removes the restriction on hiring the same accountant for consecutive audits in Class IV municipalities.

Alabama SB164 amends Section 11-43B-9 of the Code of Alabama 1975 to remove the restriction on hiring the same accountant for consecutive audits in Class IV municipalities. Previously, the same accountant could not conduct the audit for more than three consecutive years. The bill also mandates that the mayor shall prepare a detailed statement of all receipts and expenses of the city at the end of each fiscal year. The council shall cause the books and accounts of the city to be audited by a reputable, disinterested certified public accountant. The act becomes effective on October 1, 2026.