Bill Text: TX SR698 | 2019-2020 | 86th Legislature | Enrolled
Bill Title: Recognizing the month of May as International Internal Audit Awareness Month.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2019-05-06 - Reported enrolled [SR698 Detail]
Download: Texas-2019-SR698-Enrolled.html
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WHEREAS, Internal auditing is a vital part of | ||
strengthening organizations and protecting stakeholders of both | ||
the public and private sectors; internal auditors provide | ||
independent, objective assurance and consulting, which improves | ||
an organization's operations; and | ||
WHEREAS, Internal auditing helps identify and manage an | ||
organization's risks and ensures that policies, procedures, and | ||
controls are in place and working appropriately; state auditors | ||
bring a systematic, disciplined approach to evaluating and | ||
improving the effectiveness of risk management, control, and | ||
governing processes; and | ||
WHEREAS, An increasingly sophisticated and complex | ||
activity, internal auditing requires specialized knowledge, | ||
training, and education; the process ensures that organizations | ||
are accountable to their stakeholders, whether those | ||
stakeholders are investors or the general public; by using a | ||
risk-based approach to review and monitor an organization's | ||
processes and activities, internal auditors protect assets and | ||
information and identify and prevent fraud, security breaches, | ||
noncompliance, and inefficiencies; and | ||
WHEREAS, Internal auditing is an established profession | ||
that is led by the Institute of Internal Auditors; the institute | ||
has a globally recognized code of ethics and sets international | ||
standards for the professional practice of internal auditing; and | ||
WHEREAS, Internal auditors play an invaluable role in the | ||
success of state agencies, organizations, and the global economy | ||
at large, and they deserve our recognition and commendation; now, | ||
therefore, be it | ||
RESOLVED, That the Senate of the State of Texas, 86th | ||
Legislature, hereby recognize the month of May as International | ||
Internal Audit Awareness Month and commend all associated with | ||
the internal auditing profession for their immeasurable | ||
contributions to this state and nation. | ||
Perry | ||
________________________________ | ||
President of the Senate | ||
I hereby certify that the | ||
above Resolution was adopted by | ||
the Senate on May 6, 2019. | ||
________________________________ | ||
Secretary of the Senate | ||
________________________________ | ||
Member, Texas Senate |