Oklahoma § 74-2240 - Cost and revenue reporting system - Department audit Prohibited acts and penalties

§ 74-2240. Cost and revenue reporting system - Department audit Prohibited acts and penalties

A. The Oklahoma Tourism and Recreation Department shall

establish a cost and revenue reporting system for all budget

activities and subactivities of the Department.

B. 1. The State Auditor and Inspector or a designated agent of

the State Auditor and Inspector shall perform an independent audit

of the Department annually. The audit shall be conducted in

accordance with the Generally Accepted Government Auditing Standards

as issued by the Comptroller General of the United States. The cost

of the audit shall be borne by the Department.

2. Matters to be considered in determining the types of

activities to be audited and the scope of the audit shall be based

on an analysis of:

a.

the date and results of prior audits, reviews, and/or

independent studies,

b.

financial exposure,

c.

potential loss and risk,

d.

requests by the Commission and/or executive management

of the Department,

e.

major changes in operations, programs, systems, and

controls, and

f.

opportunities to achieve operating benefits.

The audit may be conducted in accordance with Section 213.2 of

Title 74 of the Oklahoma Statutes.

3. The internal auditors of the Department shall conduct

internal audits of Department facilities and programs pursuant to

the provisions of Section 228 of Title 74 of the Oklahoma Statutes.

4. The audits required by this section shall be completed on or

before December 31 of each year and shall, upon distribution, become

public record.

C. Any person who intentionally alters or destroys records

needed for the performance of an audit as provided for in this

section or intentionally causes or directs a subordinate to do such

acts, shall be subject to immediate removal from office or

employment.

D. The Commission shall provide notice to Department employees

affected by this section of the prohibited acts and the penalties

pursuant to the provisions of this section.

Added by Laws 2005, c. 363, § 41, eff. Nov. 1, 2005.

Oklahoma Statutes - Title 74. State Government