Submitting OIG:
Report Description:
We found that OCFO’s audit followup process was not always effective and noted that OCFO did not close audits timely and did not adequately maintain documentation of its audit followup activities. Between October 1, 2008 and September 30, 2013, OCFO closed 29 external OIG audits. Of the 29 closed audits, 18 (62 percent) were closed more than 2 years after resolution, 10 (34 percent) were closed more than 5 years after resolution, and 5 audits (17 percent) were not closed for more than 7 years after resolution. The total of the monetary recommendations associated with the 29 audits was more than $57 million.
Date Issued:
Monday, September 28, 2015
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
A19P0004
Component, if applicable:
Office of Chief Financial Officer
Location(s):
United States
Type of Report:
Audit
Questioned Costs:
$0
Funds for Better Use:
$0
Number of Recommendations:
2
View Document:
Attachment | Size |
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a19p0004.pdf | 583.66 KB |
Additional Details Link: