Reconcile the business lines structure with the Office of the Chief Financial Officer to have a common business lines structure list. (Deviations from the common business lines structure list for either the Quarterly Performance Review or reasonable assurance processes may be clarified with applicable justification noted).
Questioned Costs
$0
Funds for Better Use
$0
Recommendation Status
Closed
Source UUID
b0c6b927-c9fe-43c1-bdff-a33a408c5750-5
Recommendation Number
5
Additional Information
Agency Response Dated June 28, 2024: The OEDO and the OCFO staff worked together to establish and maintain a common business lines structure list. ERM, Internal Control, and Reasonable Assurance guidance was issued on February 6, 2024 (ML24018A217). Enclosure 2 of the guidance provides the business line structure list and identifies the lead and partner offices. OEDO restructured the Quarterly Performance Review meeting starting with the May 7, 2024, FY 2024 Quarter 2 meeting to present the Programmatic Senior Assessment Team risks in order of severity using the heat map in the Strategic Planning Application. The meeting agenda and summary described the change in process. Any future deviations from this business line structure for reasonable assurance or using risk severity for QPR discussions will be identified with written justification in the resulting product. Target Completion Date: Completed
OIG Analysis: The OIG reviewed the ERM, Internal Control, and Reasonable Assurance guidance issued on February 6, 2024, and the meeting agenda and summary provided by the NRC. These documents show that the business lines list has been reconciled and implemented. Therefore, this recommendation is now closed.
Status: Open: Resolved. The OEDO is working with OCFO to staff to establish and maintain a common business lines structure list. Upon completion, the staff will update ERM-related guidance. Any deviation from this business line structure will be identified with written justification in the resulting product. Additional time to complete this item is necessary to facilitate further staff collaboration within the NRC and update the ERM-related guidance. Target Completion Date: September 29, 2023.
OIG Analysis: The OIG reviewed the ERM, Internal Control, and Reasonable Assurance guidance issued on February 6, 2024, and the meeting agenda and summary provided by the NRC. These documents show that the business lines list has been reconciled and implemented. Therefore, this recommendation is now closed.
Status: Open: Resolved. The OEDO is working with OCFO to staff to establish and maintain a common business lines structure list. Upon completion, the staff will update ERM-related guidance. Any deviation from this business line structure will be identified with written justification in the resulting product. Additional time to complete this item is necessary to facilitate further staff collaboration within the NRC and update the ERM-related guidance. Target Completion Date: September 29, 2023.
Significant Recommendation
Yes