N.J. Admin. Code § 17:44-1.4

Current through Register Vol. 57, No. 1, January 6, 2025

Section 17:44-1.4 - Establishment and functions of the Audit Division

(a) There is established within OSC an Audit Division. The Audit Division, among other functions, conducts research and performs preliminary evaluations which may lead to recommendations regarding the need for an audit; conducts performance audits of the Executive Branch of State government, including all entities exercising executive branch authority, public institutions of higher education and independent State authorities; and conducts performance audits of local government units and boards of education.

(b) The Audit Division conducts audits that assess the performance and management of the programs of covered entities. The Audit Division also provides guidance concerning the procurement of auditors by covered entities.

(c) OSC is a recognized sponsor of continuing professional education by the National Registry of Continuing Professional Education Sponsors and provides training through in-house programs and outside conferences in accord with the Generally Accepted Government Auditing Standards promulgated by the U.S. Government Accountability Office. OSC training qualifies toward auditors' bi-annual mandatory 80 hours of continuing professional education credits.

N.J. Admin. Code § 17:44-1.4