Establishes the Audit and Finance Compliance Unit in the Maryland Department of Budget and Management to monitor and assist in resolving audit.
The bill establishes the Audit and Finance Compliance Unit within the Maryland Department of Budget and Management. The Unit is tasked with monitoring efforts of executive branch agencies to correct audit findings and implementing corrective actions. It will maintain a dashboard on its website with information on unresolved findings, including the number of years unresolved, projected completion dates, and progress of corrective actions. The Unit will also assist agencies with repeat audit findings or those requested by the Joint Audit and Evaluation Committee.
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