Internal Audit
We bring a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, internal controls, and governance processes. The mission of the OIA is to provide independent, objective assurance and consulting services designed to add value by providing quality auditing services that result in reduced costs, gains in operational efficiencies, strengthened internal controls, and improved practices and policies.
The purpose of the OIA is to assist state agency management and the Audit Committee in the effective discharge of their responsibilities by furnishing them with analyses, appraisals, recommendations, counsel, and information concerning the activities reviewed, and by promoting effective control at a reasonable cost.
The scope of work of OIA is to determine whether the state agency network of risk management, control, and governance processes, as designed and represented by management, is adequate and functioning in a manner to ensure:
- Risks are appropriately identified and managed.
- Interaction with various governance groups occurs as needed.
- Significant financial, managerial, and operating information is accurate, reliable, and timely.
- Employees' actions are in compliance with policies, standards, procedures, and applicable laws and regulations.
- Resources are acquired economically, used efficiently, and adequately protected.
- Programs, plans, and objectives are achieved.
- Quality and continuous improvement are fostered in agency control processes.
- Significant legislative or regulatory issues impacting the agencies' fiscal operations are recognized and addressed appropriately.
- Adequate controls, including those related to data privacy and security, are incorporated within new systems and processes.
Opportunities for improving management control and state agency image may be identified during audits. They will be communicated to the appropriate level of management and/or audit committee.
Top Resources

Annual Reports
The OBM Office of Internal Audit annual plans and reports.

Report Suspected Fraud
State of Ohio employees or those who work with state agencies may encounter situations where they suspect fraud, abuse, or wrongdoing at a state agency and are uncertain how to safely report them. OBM has a method for which these types of concerns can be reported. Reported concerns will be received and addressed by OBM’s Office of Internal Audit. Submissions can be made anonymously if desired, but a valid email address should be included if the submitter wishes to receive a response.

State Audit Committee
The State Audit Committee is a five member committee that assists the Governor and Director of the Office of Budget and Management ("OBM") in fulfilling their oversight responsibilities.
Contact OBM: (614) 466-4034, (877) 644-6771
Bond and Investor Relations Terms of Use and Disclaimers
Please read carefully before using the Bond and Investor Relations area of the OBM Web site. Use of this area of the Web site constitutes acknowledgment and acceptance of the following terms and conditions:
Information in the Bond and Investor Relations area of this Web site is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
These web pages contain information relating to debt management and bonds or other obligations of the State of Ohio. The purpose of this section is to provide general information about the State of Ohio, its debt management, and its borrowing programs. The information is provided for quick reference only and is not a summary or a compilation of information for any particular bond issue. It does not purport to include every item which may be of interest, nor does it purport to present full and fair disclosure within the meaning of applicable securities law with respect to any of the matters or programs addressed. Investment decisions should be made only after full review of the official statement and other relevant matters in connection with a particular bond issue.
The Ohio Office of Budget and Management (OBM) maintains the Bond and Investor Relations web pages. OBM has not undertaken nor has any obligation to update any information included on these pages and cannot guarantee the accuracy, timeliness, or completeness of this information. The documents available on these pages set forth information as of their respective dates and the posting of these documents or other information on these web pages does not imply that there has been no change in the affairs of the State of Ohio since the date of posting that information. Any addresses of or links to other websites which may be contained herein are given solely for the convenience of the user only. OBM has not participated in the preparation, compilation or selection of information on any other website, and assumes no responsibility or liability for the contents thereof.