[2] The state auditor assures that the financial affairs of New Mexico's 1,200 or so local governments and state agencies are thoroughly examined and audited each year and may conduct, in whole or part, audits of any of the aforesaid public bodies at any time.

[5][6] Whenever an annual financial audit is performed by an independent public accounting firm rather than the Office of the State Auditor, staff in the Office of the State Auditor perform desk reviews of IPA audits for compliance with the Audit Rule duly promulgated by the state auditor.

[7][8][9] In addition, the state auditor conducts special investigations of fraud, waste, and abuse of public funds or resources; collects, analyzes, and visualizes state agency and local government financial data; and assists small local public bodies with satisfying their statutory financial reporting requirements.

[10][11][12] In the performance of official duties, the state auditor may administer oaths and issue subpoenas to compel the attendance of witnesses and the production of books and records.

[14] Likewise, the state auditor is constitutionally sixth in the line of succession to the governor's office after the lieutenant governor, the secretary of state, the president pro tempore of the Senate, the speaker of the House, and the attorney general.