952 – Internal Audit Responsibilities.
§ 952. Internal audit responsibilities. 1. The director of the division of the budget, after reviewing the evaluation of the head of each state agency as to the need for an internal audit function, shall issue and, at the director’s discretion, periodically revise a schedule of state agencies (other than the department of audit and […]
953 – Independent Audits of the Executive Chamber and the Division of the Budget.
§ 953. Independent audits of the executive chamber and the division of the budget. 1. At least once every three years, the independent certified public accountant or accountants selected pursuant to this section shall conduct audits of the internal controls of the executive chamber and the division of the budget, either as a single audit […]
954 – Independent Audits of the Department of Audit and Control and the Department of Law.
§ 954. Independent audits of the department of audit and control and the department of law. 1. At least once every three years, the independent certified public accountants selected pursuant to this section shall conduct audits of the internal controls of the department of audit and control and the department of law, respectively. Such audits […]
950 – Definitions.
§ 950. Definitions. As used in this article, the following terms shall have the following meanings: 1. “Internal control”. A process that integrates the activities, plans, attitudes, policies, systems, resources and efforts of the people of an organization working together, and that is designed to provide reasonable assurance that the organization will achieve its objectives […]
951 – Internal Control Responsibilities.
§ 951. Internal control responsibilities. 1. The head of each state agency shall: a. establish and maintain for the agency guidelines for a system of internal control that are in accordance with this article and internal control standards; b. establish and maintain for the agency a system of internal control and a program of internal […]