FAM No. 2003-11 (Changes in Audit Timeframes for GOALS II/IPAC)
May 5, 2003
FINANCIAL ADMINISTRATION MEMORANDUM NO. 2003-011 (II.J.)
To: Bureau Assistant Directors, Administration
Director, National Business Center
Bureau Finance Officers
Finance Officer, Financial Management Services
Director of Acquisition and Property Management
From: William Webber /s/
Focus Leader, Asset and Debt Management
Office of Financial Management
Subject: Changes in Audit Timeframes for GOALS II/IPAC
The purpose of this Financial Administration Memorandum (FAM) is to transmit
Treasury’s new procedures which standardize and coordinate the timing of the
access audit for the GOALS II and the IPAC systems (See attached). FMS has
decided that effective immediately; agencies are required to perform these
audits together on an annual basis. As this pertains to the Department of
Interior, this responsibility is managed on the Bureau level. The next audit
will be required for the period January 1, 2003 – December 31, 2003, and each
year thereafter. The audit must be completed, and results submitted to the
Financial Management Service (FMS), by the following January 31st. The audit for
the GOALS II system will continue to be conducted via paper correspondence,
while the IPAC audit will continue to be conducted via on-line screens.
Coordinating our audit dates for both of our systems will reduce the strain on
agency resources and will allow FMS to meet all audit requirements.
We appreciate your continued support and cooperation in the audit effort for the
GOALS II and IPAC systems. If you have any questions concerning the new audit
dates, please contact me on 202 208-5684 or the Goals Customer Support Staff at
202 874-8270.
Attachment
Prior Financial Administration
Memoranda on this Subject:
None
