N.Y. Legislative Law § 92: Independent audits

§ 92. Independent audits. 1. At least once every three years, the

independent certified public accountants selected pursuant to this

section shall conduct audits of the internal controls of each house of

the legislature. Such audits shall be performed in accordance with

generally accepted government auditing standards and shall include a

report on whether the respective house's internal controls are

established and functioning in a manner that provides reasonable

assurance that they meet the objectives of internal control as defined

in section eighty-nine of this article. The report shall identify the

internal controls both evaluated and not evaluated and shall identify

internal control weaknesses that have not been corrected and actions

that are recommended to correct these weaknesses. If any such internal

control weaknesses are significant or material with respect to each

house, the independent auditor shall so state. The temporary president

of the senate and the speaker of the assembly shall make available to

the public the results of such audits, including any related management

letters. The temporary president and the speaker and any officer or

employee of each house shall make available upon request to such

independent certified public accountants all books and records relevant

to such independent audits.

2. The temporary president of the senate and the speaker of the

assembly shall request proposals from independent certified public

accountants for audits of the internal controls of their respective

house. The requests for proposals shall include a reference to the

requirements for audits conducted pursuant to subdivision one of this

section. The temporary president and the speaker shall select such

independent auditors in accordance with a competitive procedure

including an evaluation, based on quality and price factors, of those

proposals received in response to such requests for proposals.