Under Title 24, the primary duties of the Division of Legislative Audit include performing two general types of audits:
- The financial compliance post-audit, which includes analyzing the financial operations of a state agency.
- Performance audits, to determine whether state entities are managing or utilizing their resources in an economical and efficient manner, and whether desired program results are being achieved. Performance audits are special audits conducted at the request of the Committee.
To accomplish these responsibilities, the Division of Legislative Audit primarily hires professionals that have been schooled in accounting and electronic data processing, and who have the ability to compile and/or analyze financial information, statistical data, and other agency documents under professionally established standards. Inherent within these standards is thorough and accurate documentation, which is always time-consuming.
In addition, the LBA Committee has established report release procedures that include giving the auditee an opportunity to formally respond to the audit. As a result, it takes approximately 30 days from the time the Committee receives the report in its preliminary form for the report to be publicly released. When the Legislature is not in session, additional time may be required, depending on the Committee’s meeting schedule. During the interim, a special audit may take from two to six months to complete (from the time of the request to the final public release of the report), depending upon the nature of the audit, the workload of the Audit Division, and the meeting schedule of the Committee.