The Office of Audit (OA) conducts reviews to:

• promote economy, efficiency, and effectiveness in the administration of RRB programs and operations, and
• detect and prevent waste, fraud and abuse in such programs and operations. 

The office operates with a staff of 18 professional auditors and four support positions.

Through the Inspector General, this office ensures that the Board Members and the U.S. Congress are informed of current and potential problems in the RRB’s operating programs, and advised of recommended improvements, as well as the status of corrective actions.  The Office of Audit  is responsible for the annual audit of the agency's financial statements, related internal controls and information systems. To meet the OIG's responsibilities under the Federal Information Security Management Act of 2002, auditors also perform independent evaluations of information system security. 

The office develops an annual work plan, the primary short-term tool for directing and controlling audit activities.  The plan addresses the RRB’s main operational areas:  programs, administration and information systems.

Fiscal Year 2007 audit priorities include:

• Financial Management and Reporting
• Benefit Payment Operations, Funding and Solvency
• Information Technology