Townships to Implement Internal Controls Policies
Townships are required, no later than June 30, 2016, to implement policies for internal controls per the State Board of Accounts’ directive order. The SBOA directive is in response to the enaction of new laws from the 2015 General Assembly which makes the new requirement of all units of local government.
“Internal Controls” are simply defined as the implementation of the requirement that more than one person be involved in the finanacial transactions of the township.
To assist townships in meeting this new statutory requirement, the Indiana Township Association has developed guides and sample policies for its members. Members can access these tools under the members only section tab on this website.
If a township is interested in becoming a member, please contact us!