§ 35-7.1-10. Audit and annual reports.
(a) The office of internal audit and program integrity shall prepare an annual report
summarizing the activities of the office of internal audit and program integrity for
the prior fiscal year. The office of internal audit and program integrity may also
prepare interim performance reports. These reports shall be presented to the director
of management and budget. The annual reports shall be posted on the office's website.
(b) The annual report shall include, but not be limited to: a general description of significant
problems in the areas of efficiencies, internal controls, fraud, waste, and abuse
within programs and operations within the jurisdiction of the office; a general description
of the recommendations for corrective actions made by the office during the reporting
period with respect to significant deficiencies in the areas of efficiencies, internal
controls, fraud, waste, and abuse; the identification of each significant recommendation
described in previous annual reports on which corrective action has not been completed;
a summary of matters referred to prosecuting authorities; a summary of any matters
concerning the recovery of monies as a result of an audit finding or civil suit or
a referral to another agency for the purposes of such suit; a list of all audit reports
completed by the office during the reporting period; and a statement of recommendations
of amendment to this chapter or the rules, regulations, or procedures governing the
office of internal audit and program integrity that would improve the effectiveness
or the operations of the office.
(c) The annual report of the office of internal audit and program integrity shall be made
public on the day of filing.
(d) At the conclusion of each formal audit, the office of internal audit and program integrity
shall produce an audit report which contains, but is not limited to, the scope of
the audit, findings, and recommendations. Within twenty (20) calendar days following
the date of the issuance of the management-response copy of the draft audit report,
the head of the department, agency, public body, or private entity audited shall respond,
in writing, to each recommendation made in the audit report. This response shall address
the department's, agency's, or public body's or private entity's plan of corrective
action, the party responsible to implement the corrective action plan, and the anticipated
date to complete the implementation of the corrective action; and, if applicable,
the reasons for disagreement with any recommendation proposed in the audit report
and justification of management's acceptance of risk. The office of internal audit
and program integrity may perform follow-up procedures for the purpose of determining
whether the department, agency, public body, or private entity has implemented, in
an efficient and effective manner, its plan of correction action for the recommendations
proposed in the audit report or addressed the risk discussed in the audit report.
(e) Copies of each audit report, inclusive of management's responses noted in subsection
(d) shall be submitted to the chairpersons of the house finance committee, and the
senate finance committee and posted on the office's website.