THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

Similar documents
THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

New Jersey State Board of Accountancy Laws

THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

ARTICLE 3 -GAMING REVENUE DISTRIBUTION FORMULA AND DISTRICT ALLOCATION GUIDELINES

Office of the Secretary of State Internal Audit Annual Report for FY November 2, 2017

THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

Ben Franklin Technology Development Authority Fund. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows:

THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

HOUSE OF REPRESENTATIVES VOTING SCHEDULE. Monday, March 13, 2017 BILLS ON SECOND CONSIDERATION

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE RESOLUTION INTRODUCED BY MARSICO AND CALTAGIRONE, DECEMBER 12, 2011

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL INTRODUCED BY PAYTON, BRIGGS AND GOODMAN, SEPTEMBER 22, 2010

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

AUDIT COMMITTEE CHARTER of the Audit Committee of Puma Biotechnology, Inc.

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

a) Establishment of Committee A committee of the directors to be known as the "Audit Committee" (hereinafter the "Committee") is hereby established.

INVESCO LTD. AUDIT COMMITTEE CHARTER

Uniform Accountancy Act

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

ROYAL BANK OF CANADA ADMINISTRATIVE RESOLUTIONS ADOPTED BY THE BOARD OF DIRECTORS OF ROYAL BANK OF CANADA

ADOBE SYSTEMS INCORPORATED. Charter of the Audit Committee of the Board of Directors

Austin Peay State University Audit Committee Charter

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL INTRODUCED BY JAMES, DALEY, GIBBONS, HORNAMAN, MAHONEY AND MARSHALL, SEPTEMBER 5, 2012

ANGLOGOLD ASHANTI LIMITED Registration No. 1944/017354/06 ( AGA or the Company ) AUDIT AND RISK COMMITTEE TERMS OF REFERENCE

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

E*TRADE Financial Corporation a Delaware corporation (the Company ) Audit Committee Charter (as of May 10, 2018)

CHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF THE FEDERAL HOME LOAN MORTGAGE CORPORATION. Effective April 4, 2018

THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL INTRODUCED BY COSTA, FONTANA, STREET, BOSCOLA AND BREWSTER, JUNE 15, 2017 AN ACT

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL INTRODUCED BY FERLO, STOUT, GREENLEAF, COSTA, KITCHEN, STACK AND FONTANA, APRIL 9, 2007 AN ACT

CHILD ABUSE AND NEGLECT PREVENTION ACT Act 250 of The People of the State of Michigan enact:

THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

1, 1993; Laws 1996, c. 352, 2; Laws 2001, c. 138, 1; Laws 2007, c. 19, 1; Laws 2013, c. 294, 1.

PLANET FITNESS, INC. AUDIT COMMITTEE CHARTER

CHAPTER Senate Bill No. 1204

Blaine Hill Volunteer Firemen s Relief Association Allegheny County, Pennsylvania For the Period January 1, 2016 to December 31, 2017

NOW, THEREFORE, BE IT ENACTED AND ORDAINED,

The Cooper Companies, Inc. Audit Committee Charter

SHALL BE DISTRIBUTED AS PROVIDED UNDER 58 PA.C.S (RELATING TO DISTRIBUTION OF FEE) AND 2315 (RELATING TO

AN ACT. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows:

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL

Fiscal Control and Internal Auditing Act

SENATE, No STATE OF NEW JERSEY. 218th LEGISLATURE INTRODUCED FEBRUARY 15, 2018

THE GENERAL ASSEMBLY OF PENNSYLVANIA SENATE BILL AN ACT

PUBLIC SAFETY EMERGENCY TELEPHONE ACT - OMNIBUS AMENDMENTS Act of Feb. 12, 1998, P.L. 64, No. 17 Session of 1998 No

EASTERN IOWA MH REGION 28E AGREEMENT

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

TRUPANION, INC. CHARTER OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. As adopted June 13, 2014

AUDIT COMMITTEE CHARTER of the Audit Committee of ACCURAY INCORPORATED. (As amended and restated by the Board of Directors effective July 1, 2016)

CHARTER OF THE CORPORATE GOVERNANCE, NOMINATING AND COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

Kenya Subsidiary Legislation,

AUDIT COMMITTEE TERMS OF REFERENCE

MARATHON OIL CORPORATION. Audit and Finance Committee Charter

Property Tax Assessment Appeals Boards

PERRY COUNTY TAX COLLECTION DISTRICT RIGHT-TO-KNOW POLICY FOR PUBLIC RECORDS

Supplement to the Republic of Zambia Government Gazette dated 12th December [No. 15 of

SCHWEITZER-MAUDUIT INTERNATIONAL, INC. AUDIT COMMITTEE CHARTER. Amended and restated as of March 1, 2018

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL AN ACT

TANGER FACTORY OUTLET CENTERS, INC. AUDIT COMMITTEE OF THE BOARD OF DIRECTORS CHARTER (adopted with amendments through October 28, 2013)

KENYA GAZETTE SUPPLEMENT

Office of the Governor. Internal Controls and Compliance Audit. January 1, 2009, through December 31, 2010

MUNICIPAL AUTHORITY OF WESTMORELAND COUNTY RIGHT-TO-KNOW POLICY FOR PUBLIC RECORDS

The purpose of this policy is to specify the functions of the Audit Committee and the SANDAG independent performance auditor.

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

KENYA GAZETTE SUPPLEMENT

THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

NC General Statutes - Chapter 147 Article 5A 1

SENATE AMENDED PRIOR PRINTER'S NOS. 917, 4350 PRINTER'S NO THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL

Transcription:

PRIOR PRINTER'S NO. 00 PRINTER'S NO. THE GENERAL ASSEMBLY OF PENNSYLVANIA HOUSE BILL No. Session of 0 INTRODUCED BY RYAN, CUTLER, GILLEN, GODSHALL, GROVE, PHILLIPS- HILL, HILL-EVANS, IRVIN, JOZWIAK, MOUL, STAATS, WARD, WHEELAND AND DUSH, JUNE, 0 AS REPORTED FROM COMMITTEE ON STATE GOVERNMENT, HOUSE OF REPRESENTATIVES, AS AMENDED, OCTOBER, 0 AN ACT 0 Providing for auditor qualifications for the Department of the Auditor General, for new department employees, for current department employees, for employee certification, for forensic audits, for fraud audits and for committee standards. The General Assembly finds and declares as follows: () Auditors employed by the Department of the Auditor General should attain the proper professional certifications necessary to conduct the various types of audits that the position of auditor requires. () Audits conducted by the Department of the Auditor General should comply with the standards instituted by the organizations governing the profession and should protect taxpayer resources and ensure that audits conducted by the Department of the Auditor General are of the highest quality and benefit to the entities and programs audited. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows:

0 0 0 Section. Short title. This act shall be known and may be cited as the Auditor General Employee Qualification Act. Section. Definitions. The following words and phrases when used in this act shall have the meanings given to them in this section unless the context clearly indicates otherwise: "Certified fraud examiner." An individual who has satisfied the requirements of the Association of Certified Fraud Examiners to become a certified fraud examiner. "Certified internal auditor." An individual who has satisfied the requirements of The Institute of Internal Auditors to become a certified internal auditor. "Certified public accountant." The term shall have the same meaning as defined in the act of May, (P.L., No.0), known as the CPA Law. "Chartered Global Management Accountant." An individual who meets the requirements of the Association of Certified Fraud Examiners or the Chartered Institute of Management Accountants to become a Chartered Global Management Accountant. "Department." The Department of the Auditor General of the Commonwealth. "Financial audit." An examination of an entity's financial records to determine and verify the accuracy and reliability of the entity's records. "Forensic audit." An examination of an entity's financial information with the purposes of determining if the entity's financial information is accurate and lawful. "Fraud audit." An examination of an entity's financial information for the purposes of proving or disproving whether 00HBPN - -

0 0 0 fraudulent activity has occurred. "Management letter." A written communication that states or implies: () Assurance as to the reliability of attested information, compiled financial statements or assessments of the status or performance of a State agency. () The issuer of the written communication has special knowledge or competence in accounting or auditing arising from: (i) The name or title of the issuer or individual employed by or affiliated with the issuer indicating that the individual is an accountant or auditor. (ii) The contents of the written communication. "Performance audit." A comprehensive evaluation or a specific program or account of an entity, including: () The effectiveness, efficiency and economy with which resources are managed and consumed. () Findings based on paragraph (). () Recommendations for improvement submitted in a management letter. "Qualified financial auditor." A certified public accountant who has at least two years of auditing experience. "Qualified forensic auditor." An individual who is a certified public accountant and a certified fraud examiner. "Qualified fraud auditor." A certified fraud examiner. "Qualified performance auditor." A certified internal auditor, certified fraud examiner, public accountant or Chartered Global Management Accountant who possess a minimum of five years of experience conducting performance audits or operational audits of private or public entities. 00HBPN - -

0 0 0 "State agency." An office, department, authority, board or commission of the executive branch. Section. Auditor qualifications. Department employees conducting an audit shall be adequately qualified to conduct the type of audit involved. Employees shall possess the following qualifications: () Employees conducting performance audits shall be qualified performance auditors. () Employees conducting financial audits shall be qualified financial auditors. () Employees conducting forensic audits shall be qualified forensic auditors. () Employees conducting fraud audits shall be qualified fraud auditors. Section. New department employees. An employee hired by the department after the effective date of this section may not conduct audits or participate in the auditing process of audits for which the employee is not qualified under section. Section. Current department employees. (a) General rule.-- A department employee hired prior to the effective date of this section shall be permitted to continue conducting the same type of audits which the employee conducted prior to the effective date of this section for a period of five years after the effective date of this section. (b) Limitation.--After the conclusion of the five-year period under subsection (a), the department employee may not conduct or participate in an auditing process for which the employee is not qualified under section. Section. Employee certification. 00HBPN - -

0 0 0 (a) Department policy.--the department shall develop a policy encouraging an employee to obtain the proper certification necessary to conduct an audit which the employee's job requires. The policy shall: () Direct an employee to the resources necessary to obtain a certification under section. () Include provisions that allow the department to collaborate with an employee to ensure that the employee has adequate time and resources to complete a certification necessary to maintain the employee's employment. (b) Financial incentives.--the department shall provide financial incentives for an employee who becomes certified in order to assist the employee with the cost of necessary continued professional education. Section. Forensic audits. (a) Department forensic audits.--the department may perform a forensic audit if any of the following occur: () A forensic audit is requested by a State agency. The department may appoint a qualified forensic auditor not currently employed by the Commonwealth to perform the forensic audit, and the requesting State agency shall be responsible for the cost incurred by the performance of the forensic audit. () The department receives an indication when lawfully performing an audit on an entity that sufficient records or information are not available to complete the audit. () A forensic audit is requested by the Governor, the chairperson or minority chairperson of the Appropriations Committee of the Senate or the chairperson or minority chairperson of the Appropriations Committee of the House of 00HBPN - -

0 0 0 Representatives. (b) Forensic audit results.-- () The department shall provide the results of a forensic audit to the Governor, the chairperson and minority chairperson of the Appropriations Committee of the Senate and the chairperson and minority chairperson of the Appropriations Committee of the House of Representatives. () If the results contain evidence of suspected criminal activity, the department shall provide the results to the Office of Attorney General. Section. Fraud audits. (a) Department fraud audits.--the department may perform a fraud audit if any of the following occur: () A fraud audit is requested by a State agency. If requested by a State agency, the department may appoint a qualified fraud auditor not currently employed by the Commonwealth to perform the fraud audit, and the requesting State agency shall be responsible for the cost incurred in the performance of the fraud audit. () The department receives an indication when lawfully performing an audit on an entity that fraudulent activity or other criminal activity may have occurred. () A forensic FRAUD audit is requested by the Governor, the chairperson or minority chairperson of the Appropriations Committee of the Senate or the chairperson or minority chairperson of the Appropriations Committee of the House of Representatives. (b) Fraud audit results.-- () The Department shall provide the results of a fraud audit to the Governor, the chairperson or minority 00HBPN - -

0 chairperson of the Appropriations Committee of the Senate and the chairperson or minority chairperson of the Appropriations Committee of the House of Representatives. () If the results contain evidence of suspected criminal activity, the department shall provide the results to the Office of Attorney General. Section. Committee standards. When conducting audits, the department shall strive to meet the standards and best practices specified by the Committee of Sponsoring Organizations of the Treadway Commission. Section 0. Construction. Nothing in this act shall be construed to prohibit the department from performing its obligations under the laws of this Commonwealth. Section. Effective date. This act shall take effect in 0 days. 00HBPN - -