The division has authority to audit organizations and programs in the state’s executive and judicial branches, metropolitan agencies, several “semi-state” organizations, state-funded higher education institutions, and state-funded programs operated by private organizations.
Each year, the division selects several of these organizations and programs to audit. The audits examine the policies and procedures—called internal controls—of the organizations to ensure they are safeguarding public resources and complying with laws that govern their financial and program operations. In addition, the division annually audits the State of Minnesota’s financial statements and the financial statements of three state public pension systems. The primary objective of these financial audits is to assess whether the statements fairly present the organization’s financial position according to Generally Accepted Accounting Principles.
The division is under the direction of a Deputy Legislative Auditor, who supervises a staff of approximately 36 auditors. Most are CPAs, and several are also CISAs (certified information systems auditors). To foster deep insight into government activities, the division aligns managerial responsibilities and staffing across six distinct lines of business.