7240     AUDIT 
(Revised 12/95)

Government Code Section 8546.4 requires the Bureau of State Audits to examine the financial records, accounts, and documents of all state agencies. The Bureau of State Audits shall issue annually an auditor's report on the general purpose financial statements included in the State Controller's Office (SCO) annual report. The Bureau of State Audits shall rely to the extent possible on the audits performed by the SCO, Department of Finance, internal auditors of state departments, and independent contractors.

The Department of Finance is responsible for coordinating and providing technical assistance for the internal audits of the state departments. In addition, the Department of Finance conducts audits of agency accounts as often as the Director deems necessary and provides audit advisory services.

All audit activities of the Bureau of State Audits, the SCO, the Director of Finance, the internal auditor of the state agencies, and independent public accountants are coordinated so that duplication of auditing effort may be minimized.