South Carolina H3925 amends state finance laws to enhance financial reporting accuracy and transparency.

South Carolina H3925 amends the state's financial reporting laws to improve accuracy and transparency. The Comptroller General must confirm the accuracy of cash and investments in the treasury for the previous fiscal year by November 1st. The State Treasurer is required to ensure the accuracy of treasury cash and investment data in reports and inform the General Assembly of any substantive concerns. State agencies must remit an equitable portion of the expense for auditing the Comprehensive Annual Financial Report.

South Carolina H3925 amends state finance laws to enhance financial reporting accuracy and transparency.

South Carolina H3925 amends the state's financial reporting laws to improve accuracy and transparency. The Comptroller General must confirm the accuracy of cash and investments in the treasury for the previous fiscal year by November 1st. The State Treasurer is required to ensure the accuracy of treasury cash and investment data in reports and inform the General Assembly of any substantive concerns. State agencies must remit an equitable portion of the expense for auditing the Comprehensive Annual Financial Report.