951 - Internal control responsibilities.

§ 951. Internal  control  responsibilities.  1. The head of each state  agency shall:    a. establish and maintain for the agency guidelines for  a  system  of  internal  control  that are in accordance with this article and internal  control standards;    b. establish and maintain for the agency a system of internal  control  and  a  program  of  internal  control  review.  The program of internal  control  review  shall  be  designed  to   identify   internal   control  weaknesses,   identify   actions   that  are  needed  to  correct  these  weaknesses, monitor the implementation of necessary  corrective  actions  and  periodically  assess  the adequacy of the agency's ongoing internal  control;    c. make available to each officer and employee of the agency  a  clear  and  concise  statement  of the generally applicable management policies  and standards with which the officer or employee of such agency shall be  expected to comply. Such statement shall  emphasize  the  importance  of  effective  internal control to the agency and the responsibility of each  officer and employee for effective internal control;    d. designate an internal control officer, who shall report to the head  of  the  agency,  to  implement  and   review   the   internal   control  responsibilities established pursuant to this section;    e.  implement  education  and training efforts to ensure that officers  and employees within such agency have achieved  adequate  awareness  and  understanding   of  internal  control  standards  and,  as  appropriate,  evaluation techniques; and    f. periodically evaluate the need for an internal audit function.    2. In order to identify all state agencies and their  responsibilities  for  the  purposes  of  implementing the provisions of this article, the  director of the division  of  the  budget  shall  issue  and  update  as  necessary a schedule which lists all covered state agencies.