In this chapter:
(1) “Audit plan” means the outline of work approved by the committee for the State Auditor’s Office in a year for the performance of audits and related services, including technical assistance, data analysis, consulting and oversight functions, investigations, and the preparation of audit reports and other types of communications.
(2) “Audit working paper” means all documentary and other information prepared or maintained in conducting an audit or investigation, including all intra-agency and interagency communications relating to an audit or investigation and all draft reports or portions thereof.
(3) “Committee” means the legislative audit committee.
(4) “Department” includes every state department, agency, board, bureau, institution, or commission.
(5) “Risk assessment” means the process by which the State Auditor analyzes risks to the state on the basis of, at a minimum, the following:
(A) the identification of problems that can occur in operational or program areas of departments, including institutions of higher education, that are subject to audit by the State Auditor;
(B) a determination of the potential adverse effects from the problems; and
(C) a ranking of the risks associated with the problems.