The financial management system shall at all times:
(1) Reflect the unencumbered balances of all State Treasury funds, fund accounts, and accounts and appropriations payable from the State Treasury;
(2) Reflect the appropriations and allotments as approved by the General Assembly;
(3) Reflect the distribution and allocation of the state revenues under the Revenue Stabilization Law, § 19-5-101 et seq., and other revenue laws of the state; and
(4) Provide a record of the expenditures, disbursements, and receipts of all state agencies.
Structure Arkansas Code
Chapter 4 - State Accounting and Budgetary Procedures
Subchapter 5 - Financial Management System
§ 19-4-501. General requirements
§ 19-4-502. Duties of Chief Fiscal Officer of the State generally
§ 19-4-503. Deposit of funds into State Treasury
§ 19-4-504. Requisites of system
§ 19-4-506. Accounting and reporting capabilities
§ 19-4-507. Fund accounting systems
§ 19-4-517. Interim and annual financial reports
§ 19-4-519. Appropriations code manual
§ 19-4-520. Classification of appropriations
§ 19-4-521. Personal services — Definition
§ 19-4-522. Maintenance and general operation
§ 19-4-523. Grants, assistance, and special aid
§ 19-4-524. Construction and permanent improvements
§ 19-4-525. Special appropriations
§ 19-4-527. Authority of Treasurer of State to use certain funding for operations