OAR 125-700-0125
Internal Auditing Requirements

(1)

In every agency that meets one or more of the criteria below, the agency head shall establish, maintain, and fully support an internal audit function or contract for the equivalent, within existing resources.

(a)

Total biennial expenditures exceed $100 million;

(b)

Number of full-time equivalent employees exceeds 400; or

(c)

Dollar value of cash and cash equivalent items received and processed annually exceeds $10 million.

(2)

Exceptions to having an internal audit function or contract equivalent may be requested in writing by agency heads to the Chief Operating Officer of the Department of Administrative Services. Each exception request will be reviewed and decisions made on a case-by-case basis.

(3)

For agencies not meeting the criteria above, an internal audit function is encouraged. Agencies that have an internal audit function must follow this OAR.

Source: Rule 125-700-0125 — Internal Auditing Requirements, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=125-700-0125 (accessed May 26, 2025).

May 26, 2025

Rule 125-700-0125's source at or​.us