•FY2015 LOC Financial Statements Auditor’s Report and Transmittal letter, March 2016

Submitting OIG:

Library of Congress OIG

Report Description:

FY 2015 LOC Financial Statements Auditor’s Report and Transmittal letter, March 2016

Date Issued:

Thursday, March 31, 2016

Agency Reviewed / Investigated:

Library of Congress

Submitting OIG-Specific Report Number:

OIG-2016

Location(s):

Agency-Wide

Type of Report:

Audit

Additional Details Link:

https://www.loc.gov/portals/static/about/office-of-the-inspector-general/annual-…

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Library of Congress OIG

Library of Congress

The Inspector General concept is as old as our country. It dates back in part to the Continental Army's custom of having an independent party review the readiness of combat troops. The Library of Congress Office of Inspector General (OIG) fills a similar role by helping to ensure that the Library's business is conducted as effectively, efficiently, and economically as possible.

It is no small task. The Library employs nearly 3,200 personnel and has an annual budget of $642 million in appropriated funds and other revenues. It has a strategic five-year plan that lays out ambitious goals and expectations for the future. To meet such expectations, it is essential that fraud, waste, abuse, and mismanagement within the Library be held in check.

The OIG oversees all Library of Congress programs and operations and has the independence to decide which activities to review. It conducts audits, investigations, and other reviews and reports semiannually to the Congress, and also operates a hotline so that anyone can report suspected infractions related to Library activities.

Above all, the goal of OIG is to conduct highly credible, useful, and timely reviews that support the Library's objectives.

https://loc.gov/about/office-of-the-inspector-general/

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•FY2015 LOC Financial Statements Auditor’s Report and Transmittal letter, March 2016

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