S.B. 361

VETOES

(II) § 16-409 OF THE EDUCATION ARTICLE, WITH RESPECT TO A
COMMUNITY COLLEGE.

(2) THE RESULTS OF ANY REVIEW MADE BY THE OFFICE OF
LEGISLATIVE AUDITS UNDER PARAGRAPH (1) OF THIS SUBSECTION SHALL BE
REPORTED AS PROVIDED IN § 2-1219 OF THIS SUBTITLE

2-1216.

(a)     [An] A FISCAL/COMPLIANCE audit [of] CONDUCTED BY the Office of
Legislative Audits shall include:

(1)     an examination of INTERNAL CONTROLS AND financial transactions
and records;

(2)     an evaluation of compliance with applicable laws and [orders]
REGULATIONS;

(3)     [for a unit of the State government,] an audit of ELECTRONIC DATA
PROCESSING [computer center] operations[, automation application, and other
automatic data processing of the unit]; and

(4)     [for a unit of State government,] an evaluation of compliance with
applicable laws and regulations relating to the acquisition of goods and services from
State Use Industries.

(b)     (1) PERFORMANCE AUDITS SHALL BE CONDUCTED WHEN AUTHORIZED
BY THE LEGISLATIVE AUDITOR, WHEN DIRECTED BY THE JOINT BUDGET AND
AUDIT COMMITTEE OR THE DIRECTOR OF THE DEPARTMENT OF FISCAL SERVICES,
OR WHEN OTHERWISE REQUIRED BY LAW.

(2) [An] A PERFORMANCE audit [of] CONDUCTED BY the Office of
Legislative Audits may include:

[(1)] (I) a review of the efficiency, EFFECTIVENESS, and economy with
which resources are used; and

[(2)](II) a review to determine whether desired program results are
achieved [ effectively].

(C)     THE PURPOSE OF FINANCIAL STATEMENT AUDITS CONDUCTED BY THE
OFFICE OF LEGISLATIVE AUDITS SHALL BE TO EXPRESS AN OPINION REGARDING
THE FAIRNESS OF THE PRESENTATION OF A UNIT'S FINANCIAL STATEMENTS.

(D)    THE AUDITS REFERRED TO IN SUBSECTIONS (A), (B), AND (C) OF THIS
SECTION SHALL BE CONDUCTED IN ACCORDANCE WITH GENERALLY ACCEPTED
GOVERNMENT AUDITING STANDARDS.

(E)     A REVIEW MAY BE CONDUCTED BY THE OFFICE OF LEGISLATIVE AUDITS
WHEN THE OBJECTIVES OF THE WORK TO BE PERFORMED CAN BE SATISFACTORILY
FULFILLED WITHOUT CONDUCTING AN AUDIT AS PRESCRIBED IN SUBSECTIONS (A),
(B), OR (C) OF THIS SECTION.

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