The accounting system shall be in accordance with accepted principles of governmental (fund) accounting and shall include both budgetary and property accounts. The system must provide records showing at all times by funds, accounts, and other pertinent classifications the amounts appropriated, the estimated revenue, actual revenue or receipts, the amounts available for expenditure, the total expenditures, the unliquidated obligations, actual balances on hand, and the unencumbered balances of appropriations for each state agency.
Structure Alaska Statutes
Chapter 05. Fiscal Procedures Act
Article 2. Uniform Accounting.
Sec. 37.05.130. General powers.
Sec. 37.05.140. Accounting system.
Sec. 37.05.142. Accounting for program receipts.
Sec. 37.05.144. Appropriations based on program receipts.
Sec. 37.05.146. Definition of program receipts and non-general fund program receipts.
Sec. 37.05.150. Funds and accounts.
Sec. 37.05.160. Property records.
Sec. 37.05.165. Petty cash accounts.
Sec. 37.05.170. Restrictions on payments and obligations.
Sec. 37.05.180. Limitation on payment of warrants.
Sec. 37.05.190. Pre-audit of claims.
Sec. 37.05.200. Pre-audit of receipts.
Sec. 37.05.210. Fiscal reporting and statistics.
Sec. 37.05.215. State financial transactions Internet website.