N.Y. Legislative Law § 91: Internal audit responsibilities

§ 91. Internal audit responsibilities. 1. The temporary president of

the senate and the speaker of the assembly or their designees shall

determine, and periodically review such determination of, whether an

internal audit function within their respective house is required.

Establishment of such function shall be based upon an evaluation of

costs and benefits of implementation and other factors that are

determined to be relevant. In the event it is determined that an

internal audit function is required for one or both houses, the

temporary president of the senate or the speaker of the assembly shall

establish an internal audit function within the respective house which

operates in accordance with generally accepted standards for internal

auditing. Any such internal audit function shall be directed and shall

report in a manner prescribed by the respective house. The internal

audit function shall evaluate the respective house's internal controls,

identify internal control weaknesses that have not been corrected and

make recommendations to correct these weaknesses.

2. In the event the temporary president of the senate or the speaker

of the assembly does not establish an internal audit function pursuant

to subdivision one of this section he or she shall nevertheless

establish and maintain the program of internal control review required

by section ninety of this article.