2015 New York Laws
STF - State Finance
Article 7 - (State Finance) ACCOUNTS AND AUDITS
122-A - Independent audit of annual financial statements.

  122-a.  Independent  audit  of  annual financial statements. 1. The
  chairmen and ranking minority members of the  senate  finance  committee
  and  the  assembly ways and means committee, in order to ensure that the
  provisions of this section  and  paragraph  b  of  subdivision  nine  of
  section  eight  of  this chapter are complied with, shall function as an
  audit committee for the  purposes  of  receiving  the  results  of  each
  independent audit prepared pursuant to section eight of this chapter.
2.  The  comptroller, the director of the budget, the state treasurer,
  the commissioner of taxation and finance, and any other state officer or
  employee shall make available upon request to such independent certified
  public accountant all books and records  relevant  to  such  independent
  audit.
3. The cost of the audit shall be paid out of amounts appropriated for
  such purpose.
4.  The scope of any audit performed pursuant to this section shall be
  an audit of all of  the  basic  financial  statements  and  all  of  the
  supporting   schedules   required   by   generally  accepted  accounting
  principles to be included in a comprehensive annual financial report.
5. Each member of the audit committee shall be entitled to designate a
  representative to attend meetings of such committee in his place, and to
  vote or otherwise act on his behalf  in  his  absence.  Notice  of  such
  designation  shall  be  furnished  in  writing  to such committee by the
  designating member. A representative shall serve at the pleasure of  the
  designating  member during the member's term of office. A representative
  shall not be authorized to delegate any of his duties  or  functions  to
  any other person.