Requires an independent audit of state government programs by a private professional services firm.
The bill mandates the state comptroller to hire one or more independent private professional services firms with expertise in accounting, auditing, and fraud detection to conduct a comprehensive audit of state government programs receiving state funds. The audit will examine eligibility of recipients, compliance with laws, internal controls, and improper payments. If the auditing firm identifies fraud, abuse, or unlawful conduct, it must report these findings to appropriate law enforcement agencies.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.