§ 25-65-25. Professional development of internal audit staff; cooperation regarding technical assistance
The university, community/junior college or agency head shall make available to the internal audit director adequate resources specifically appropriated to ensure the professional development and continuing professional education of the internal audit staff. The internal audit director shall cooperate with the State Auditor or other external auditor in the exchange of technical assistance and access […]
§ 25-65-27. Review and approval of audits
The university president or chancellor, the community/junior college president or the agency director shall: Review and approve the annual internal audit plan and budget, internal and external audit reports, follow-up reports and quality assurance reviews; Periodically meet with the agency internal audit director to discuss pertinent matters, including whether there are any restrictions on the […]
§ 25-65-29. State Interagency Internal Audit Forum
A State Interagency Internal Audit Forum may be established and composed of agency internal audit directors. The annual report may include a comparison of the annual audit plan for the year with the actual audit report issued and an explanation for any differences. The purpose of the forum will be to promote the exchange of […]
§ 25-65-31. Annual report of internal audit directors
Within one hundred twenty (120) days after the end of each fiscal year, the university, community/junior college or agency internal audit director shall issue an annual report which separately lists audit reports issued, and other activities completed or in progress as of the end of the fiscal year. The annual report shall describe accomplishments of […]
§ 25-65-33. Investigation of criminal activity
If, during the course of an audit, an auditor determines that criminal activity may be involved, then investigative records shall be confidential until the audit is complete and shall be provided to the university president or chancellor, the community/junior college president or agency director and shall be forwarded to the Attorney General to determine if […]
§ 25-65-21. Corrective actions taken on findings
No later than six (6) months or less at the discretion of the university president or chancellor, the community/junior college president or state agency director after a financial, compliance, electronic data processing or performance audit is issued, the agency internal audit director shall inform the university president or chancellor, the community/junior college president or the […]
§ 25-65-23. Roles of state or external auditors and legislative committees
The state or other external auditor, in connection with planning independent postaudits of the same agency, shall give appropriate consideration to internal audit reports and the resolution of findings therein. Appropriate legislative committees may inquire into the reasons or justifications for failure of the university, community/junior college or agency to correct the deficiencies reported in […]
§ 25-65-5. Definitions
The following words and phrases shall have the meanings ascribed herein, unless the context clearly indicates otherwise: “University” means and includes Alcorn State University, Delta State University, Jackson State University, Mississippi State University, Mississippi State University Agriculture and Forestry Experiment Station, Mississippi University Cooperative Extension Service, Mississippi State University Forest and Wildlife Research Center, Mississippi […]
§ 25-65-7. Specific universities, colleges and agencies included
The provisions of this chapter shall only apply (a) to the following universities: (i) Alcorn State University, (ii) Delta State University, (iii) Jackson State University, (iv) Mississippi State University, (v) Mississippi State University Agriculture and Forestry Experiment Station, (vi) Mississippi State University Cooperative Extension Service, (vii) Mississippi State University Forest and Wildlife Research Center, (viii) […]
§ 25-65-9. Internal audit of directors and staff
Except as otherwise provided by subsection (2) of this section, each university, community/junior college and state agency shall, subject to specific appropriation of available funding, employ an agency internal audit director who shall be appointed by the university president or chancellor, the community/junior college president, elected official or executive director or his counterpart of a […]