Skip to main content
Find a Lawyer

Wisconsin Statutes Public Lands, Waters and Natural Resources (Ch. 23 to 33) § 25.165. Internal auditor

Current as of January 01, 2022 | Updated by FindLaw Staff

(1) There is created in the board an internal audit subunit, under the supervision of the internal auditor. The internal auditor shall report directly to the board and shall appoint all employees necessary to carry out the duties of the internal auditor. The internal auditor shall appoint all employees outside the classified service. The internal auditor shall fix the compensation of all employees appointed by the internal auditor, but the board may provide for bonus compensation to employees.

(2) The internal auditor may review any activity, information or investment of the board and have access to records of the board and any external party under contract with the board and shall do all of the following:

(a) Plan and conduct audit activities, risk assessments, research projects and management reviews under the direction of the board and in accordance with policies, principles and directives determined by the board.

(b) Coordinate and assist with external audits and reviews of the board.

(c) Monitor for compliance with applicable legal requirements and with the board's contractual agreements any bank, savings and loan association, savings bank or credit union with which the board has entered into a custodial agreement under s. 25.17(11);  any investment advisers with which the board has contracted to manage and control board assets under s. 25.18(2)(e);  and any other external parties with which the board has contracted to provide investment services to the board.

Back to chapter list
Previous part of code Next part of code
Back to chapter list

Cite this article: FindLaw.com - Wisconsin Statutes Public Lands, Waters and Natural Resources (Ch. 23 to 33) § 25.165. Internal auditor - last updated January 01, 2022 | https://codes.findlaw.com/wi/public-lands-waters-and-natural-resources-ch-23-to-33/wi-st-25-165/

Read this complete Wisconsin Statutes Public Lands, Waters and Natural Resources (Ch. 23 to 33) § 25.165. Internal auditor on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Was this helpful?

Search all Wisconsin Codes

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About the Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to find an attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

    More Options
    Copied to clipboard