89 – Definitions.
§ 89. 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 […]
90 – Internal Control Responsibilities.
§ 90. Internal control responsibilities. 1. The senate and the assembly shall each: a. establish and maintain by rule guidelines for a system of internal control; and b. establish and maintain a system of internal control and a program of internal control review for their respective house. 2. In order to identify all the components […]
91 – Internal Audit Responsibilities.
§ 91. Internal audit responsibilities. 1. The temporary president of the senate and the speaker of the assembly or their designees shall determine, and periodically review such determination of, whether an internal audit function within their respective house is required. Establishment of such function shall be based upon an evaluation of costs and benefits of […]
92 – Independent Audits.
§ 92. Independent audits. 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 each house of the legislature. Such audits shall be performed in accordance with generally accepted government auditing standards and shall include a report on whether the […]