This bill amends the Code of West Virginia to enhance the auditing process for volunteer fire companies by allowing them to submit their audit paperwork electronically. The West Virginia Legislative Auditor is tasked with reviewing the finances of each volunteer fire company at least once every five years, although more frequent audits can be conducted if there are concerns about financial mismanagement. The bill emphasizes the importance of thorough financial examinations, which include a review of all income, assets, liabilities, and expenditures of the companies.

The key insertion in this bill is the provision that permits volunteer fire companies to submit all required documents for an audit electronically. This change aims to streamline the auditing process and make it more efficient for volunteer fire companies, thereby facilitating better compliance with financial oversight requirements.

Statutes affected:
Introduced Version: 8-15-7a