NC H393

Changes internal auditing requirements for state agencies with budgets exceeding $10 million, more than 100 full-time employees, or processing over $10 million in annual cash.

Revises internal auditor qualifications to require meeting minimum standards established by the Office of State Personnel instead of specifying specific certifications or five years of experience.

Allows the Director of Internal Auditing to report to the agency head, chief deputy, or agency governing board (if one exists) instead of only the agency head, provided independence is maintained per auditing standards.

Adds the President of The University of North Carolina as a voting member of the Council of Internal Auditing and allows the State Auditor to appoint a designee.

Updates terminology from "electronic data processing" to "information technology" systems and changes audit language from "implements" and "ensures" to "promotes" and "determines if" regarding internal controls and regulatory compliance.