#409 – CALIFORNIA (USA) GOVERNMENT RISK REPORTING – JAMES KLINE PH.D.

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In 2015, the California Legislature passed the State Leadership Accountability Act (SLAA).  The act updated previous legislation. The purpose of SLAA was to broaden the reporting requirements to operational and programmatic activities. It reemphasized the responsibility of management to establish and maintain effective systems of internal controls. It also set up bi-annual reporting requirements and included risk assessment as part of the internal controls. Continue reading