TITLE 48 - US CODE - SUBCHAPTER VI - SYSTEM OF ACCOUNTS

48 USC 1631 - Establishment and maintenance; scope

The Governor shall establish and maintain systems of accounting and internal control designed to provide
(a) full disclosure of the financial results of the governments activities;
(b) adequate financial information needed for the governments management purposes;
(c) effective control over and accountability for all funds, property, and other assets for which the government is responsible, including appropriate internal audit; and
(d) reliable accounting results to serve as the basis for preparation and support of the governments request for the approval of the President or his designated representative for the obligation and expenditure of the internal revenue collections as provided in section 26, the Governors budget request to the legislature, and for controlling the execution of the said budget.

48 USC 1632 - Repealed. Pub. L. 90496, 14, Aug. 23, 1968, 82 Stat. 842

Section, act July 22, 1954, ch. 558, 19, 68 Stat. 505, authorized Comptroller General of United States to review annually the office and activities of Government Comptroller of Virgin Islands, and report thereon to Governor, Secretary of the Interior, and Congress.