In 2015, the Indiana General Assembly passed language that requires each political subdivision to adopt and follow a set of internal control standards as defined by the State Board of Accounts (SBOA) (IC 5-11-1-27). As a result, every Solid Waste Management District in the State of Indiana will be required as of June 30, 2016, to:
The statute specifies five main components of internal control standards, and the SBOA has identified 17 principles that must exist within each policy. Each District must write a plan specific to their own operations that includes each of these points and the Board of Directors must approve and adopt it.
The fiscal officer of a political subdivision must certify in writing that that minimum internal control standards have been adopted, and that any personnel whose official duties include handling funds has been trained.
Districts’ Boards of Directors must adopt the policy and train personnel “after June 30, 2016.” June 30 is not a hard deadline, however. AISWMD has been given clarification by SBOA that they will not take audit exception to the adoption of standards in July or August of 2016.
AISWMD is hosting a training to explain exactly what is expected of you and provide a guideline for the final plan that you can present to your board for adoption. The first two hours of the training will review every component and principle that is required to be included, and the last hour will include a workshop where you can begin to develop your own plan and get feedback. This training is open to anyone.
May 18, 2016
1:00 – 4:00 PM
Fishers Public Library
5 Municipal Drive
Fishers, IN 46038
AISWMD Member Districts and personnel: $75
Non-Member Districts and members of the public: $85