The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1907-07-18
new YORK'S GOOD
ACCOUNTING Law

acted public accounting law which
Is an outgrowth of the campaign Wig
Drously conducted in Ohio in the In
terest of such a measure for this state.
0hio's law has been in effect for some
years. The New York law reads:
Reports-Every county, other than
those compr sing the city Of New
York. every city of the second and
third classes, and every incorporated
village. shall annually make a report
If its financial condition to the comp
,roller Such reports shall be made
by the treasurers of the various coun-
ties. the comptrollers of cities of the
second and third classes and the
treGsurers of villages, but IL. for any
reason. the comptroller shall deem 1t
necessary that additional information
be furnished by any other officer OF
the Municipalities named herein, ne
may req'ire such additional informa-
ion frcm such other officer In such
form as he may deem necessary 20
Gerry T. to effect the purposes OF this
act. All reports shall be duly verified
by the oath of the officer making the
;ame and stall te filed with the comp.
troler within sixty days after the
close cf the fiscal year of such mu-
lnicircl,ty. Every such officer shall
also. within sixty days after the ex-
Dlration Of his term Of office, or his
resignation or removal therefrom,
make a rerort TO the comptroller OF
he f anc!a' condition of such munich
raj corporation on the date of the ex-
DiratiCn of his term of office, or his
resignation or removal from Office, as
the case may be. The refusal or will
full negect of such officer to file re-
port as herein prescribed shall be a
misdemeanor.
Chief Accountant and Examiner of
Accounts.-The comptroller shall APP
point a chief accountant who, under
his direction, shall be charged with
the preparation of the forms of the re-
ports required by the provisions of
this act, the compilation of the COM
parative statistics and the inspection
and examination of municipal ac-
counts. He shall also appoint not to
| AAtCNu i'I VIM ohoA'
he charged with the duty of inspecting
and examining the accounts Of such
municipal corporations. The chief ac-
countant shall receive salary of not
10 exceed two thousand five hundred
dollars and his necessary travelling
and other actual expenses; the exam
iners of accounts shall each receive
when employed eight dollars day
and their necessary travelling ex-
penses.
| Uniform System of Accounts.-The
comptroller may formulate and pre-
scribe a system of keeping accounts,
which system shall be uniform for
each class of municipal corporations
specified in section one OF this act,
and from time to time, whenever he
shall deem II necessary. direct the in
lstallment of such system by any one
or more of the municipal corporations
comprising such class. Any officer of
such municipal corporation who shall
refuse or willfully neglect to comply
with such direction Of the comptroller
within such reasonable time as the
comptroller may prescribe shall be
guilty Of misdemeanor The comp
troller may, however, and upon good
and sufficient cause shown shall, ex-
tend such prescribed time as may be
reasonable and necessary. The ex-
pense of installing a system of keep
ing accounts in pursuance of this Sec
tion shall be paid out Of such appro-
preparation as shall be made now or
hereafter to carry this act into effect.