OAR 125-700-0145: External Review

(1) Agency internal audit functions must have an external assessment to determine whether the function is operating in accordance with professional auditing standards. The frequency of external assessments are pre-defined by professional auditing standards. (2) A copy of the external assessment report will be provided to the audit committee and to the Internal Audit Section of the Oregon Department of Administrative Services. (3) Agency internal audit functions may have the assessment performed by either of the following means: (a) an interagency program administered by the Department of Administrative Services Statewide Coordinator Internal Audit Function; (b) an independent contracted provider or; (c) a self-assessment with independent external validation.