Presidential Decrees1 min read
Section 121Sec./Art. 121
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Financial reports and statements.
1. The financial reports prepared by the agencies shall comply with the specific requirements of applicable laws and regulations as to nature, accounting basic, content, frequency, and distribution as well as with all applicable restrictions pertaining to information that is classified for national security purposes.
2. The financial statements shall be based on official accounting records kept in accordance with law and the generally accepted accounting principles and standards.
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