The Greenville journal. [volume] (Greenville, Ohio) 1850-1918, 1907-07-11
new YORK'S GOOD
ACCOUNTING Law

The New York legislature has en-
acted a public accounting law which
is an outgrowth Of the campaign Wig
'Tously conducted in Ohio In the In
Arest OF such a measure for this state.
Ohios law has been in effect for some
years. The New York law reads:
Reports.-Every county. other man
those comprising the city of New
York, every city of the second and
third classes, and every incorporated
village. shall annually make report
of its financial condition to the comp
troller. 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
treasurers of villages, but II. for any
reason, the comptroller shall deem 1t
necessary that additional information
be furnished by any other officer OF
the municipalities named herein. he
may require such additional informa-
tion from such other officer in such
form as he may deem necessary 20
act All reports shall be duly verified
by the oath of the officer making the
same and shall be filed with the comp
troller within sixty days after the
close of the fiscal year Of such mu-
nicipality. Every such officer shall
also, within sixty days after the ex-
piratiOn of his term of office, or his
resignation or removal therefrom,
LHake a report to the comptroller Of
tn. financial condition of such munich
pal corporation on the date of the ex-
piration 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 ap-
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
exceed ten examiners who shall
| be charged with the duty of inspecting
and examining the accounts of such
municipal corporations. The chief ac-
countant shall receive a salary of not
to 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 q day
and their necessary travelling ex-
penses.
Uniform System of Accounts-The
comptroller may formulate and pre-
scribe system Of keeping accounts,
which system shall be uniform for
each class of municipal corporations
specified in section one of this act.
shall deem it necessary, direct the in
stallment of such system by any one
or more Of the municipal corporations
comprising such class. Any officer oi
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 system of keep
ing accounts in pursuance of this sec
tion shall be paid out Of such appro
preparation as shall be made now OF
hereafter to carry this act into effect