2003 CFC Audit Guide

5 CFR Part 950.105(d)(9) requires that all Principal Combined Fund Organizations (PCFO) submit to the Local Federal Coordinating Committee (LFCC) an audit of its collections and disbursements for each campaign managed. The audit must be conducted by an independent certified public accountant in accordance with generally accepted auditing standards and OPM guidance. This CFC Audit Guide provides the requirements and guidance for the completion of the audit in accordance with 5 CFR Part 950.105(d) (9). The audit reports and other supporting schedules must be submitted to the LFCC by August 1 and forwarded to OPM by September 15 of each year. Technical questions about the guide can be sent to cfc@opm.gov.

CFC Memorandum from OPM Director Kay Coles James
CFC Executive Summary
CFC Audit Guide for Campaigns with Receipts $1 Million and Greater
CFC Audit Guide for Campaigns with Receipts Between $150,000 - $999,999
CFC Audit Guide for Campaigns with Receipts Less than $150,000
Distribution Schedule (for auditor's use)
Schedule of Campaign Receipts and Disbursements (for auditor's use)

In addition, to help ensure that all reports and documentation required by the CFC Audit Guide are provided to the LFCC and OPM, the following checklist may be used by LFCCs.  

2003 CFC Audit Guide Checklist for LFCCs