{"data":{"id":"us-ar/ark.-code-ann.-19-4-506","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 19-4-506","heading":"Accounting and reporting capabilities","body":"A governmental accounting system must make it possible both to:\n\n(1) Present fairly and with full disclosure the financial position and results of financial operations of the funds and account groups of the governmental unit in conformity with generally accepted accounting principles; and\n\n(2) Determine and demonstrate compliance with finance-related legal and contractual provisions.","path":["AR Code","Title 19","Chapter 4","Subchapter 5"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"33d84ae34644aecea898b6c050efc5931dcffaee2ee12f86e43c3c2f8863cce1","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-19-4-505","next":"us-ar/ark.-code-ann.-19-4-507"},"notice":"GroundRules: Original legal text. Not legal advice."}