Management Letter on the Southwestern Federal Power System’s Fiscal Year 2018 Financial Statement Audit

Submitting OIG:

Date Issued:

Thursday, October 10, 2019

Agency Reviewed / Investigated:

Submitting OIG-Specific Report Number:

DOE-OIG-20-01

Component, if applicable:

Southwestern Power Administration

Location(s):

Agency-Wide

Type of Report:

Audit

Questioned Costs:

Funds for Better Use:

Number of Recommendations:

View Document:

Attachment	Size
DOE-OIG-20-01.pdf	1.1 MB

Additional Details Link:

Related Open Recommendations

Recommendation Number	Recommendation Status	Significant Recommendation	Additional Details
11	Open
Coordinate with the Corps to Further establish review controls where power accountants review individual projects at year end to ensure Construction in Progress projects are placed in service in a timely manner. Coordinate with the Corps to Establish review controls to ensure IDC is recorded only for eligible projects. Coordinate with the Corps to enhance existing procedures over review of power reports to ensure that all applicable revenue is included for each project. Coordinate with the Corps to Enhance existing procedures and related controls to ensure that items in the Construction in Progress accounts are placed in service in a timely manner.