Federal Reports

As a result of our review of the procedures and key control activities used to track and account for tools at Browns Ferry Nuclear Plant (Inspection No. 2005-526I), we performed an inspection to asses the processes and key control activities used to track and account for tools at WBN. TVA Nuclear (TVAN) Business Practice 226 (BP-226), Tool and Equipment Accountability, dated August 27, 2000:<br><br>Established and implemented a plant accountability system for tools and equipment. Strengthened and standardized existing tool and equipment accountability practices. Provided for periodic reporting to control and minimize equipment losses. Our inspection found a significant lack of tool accountability/tracking resulting from (1) noncompliance with processes and key control activities prescribed by TVAN BP-226, and (2) other process/control weaknesses. Management agreed with our findings and has initiated corrective actions.

We reviewed and evaluated the control design and documentation for the time reporting process to determine whether key financial reporting risks were addressed in the control framework. In summary, we determined process control documentation was inadequate in the areas of establishing responsibility for accurate time reporting, and monitoring of time reported, which resulted in inconsistencies in time reporting processes used at TVA sites. TVA management agreed with our findings and initiated corrective actions to improve guidance. Summary Only