Audit of Adequacy and
Compliance of Disclosure Statement Revision 13, Effective January 1, 2003
October 2003
Reference
Number: 2004-1C-007
This report has cleared the Treasury Inspector General For
Tax Administration disclosure review process and information determined to be
restricted from public release has been redacted from this document.
October 27, 2003
MEMORANDUM FOR DAVID A. GRANT
DIRECTOR OF PROCUREMENT
INTERNAL REVENUE SERVICE
FROM: Daniel R. Devlin /s/ Daniel R. Devlin
Assistant Inspector General
for Audit (Headquarters Operations and
Exempt Organizations Programs)
SUBJECT: Audit of Adequacy and Compliance of
Disclosure Statement, Revision 13, Effective January 1, 2003 (Audit
#20041C0202)
The
Defense Contract Audit Agency (DCAA) examined the contractor’s revised
disclosure statement, dated June 24, 2003, and additional changes submitted on
September 12, 2003. The purpose of the
examination was to determine whether the contractor’s revised disclosure
statement, Revision 13, dated September 12, 2003, adequately describes the cost
accounting practices that the contractor proposes to use in performing Federal
Government contracts and whether the revised practices comply with applicable
Cost Accounting Standards (CAS) and Federal Acquisition Regulation (FAR) Part
31. The DCAA also evaluated the
contractor’s consistency of revised cost accounting practices with actual
practices.
The
DCAA disclosed that the disclosure statement revision adequately describes the
contractor’s revised cost accounting practices. Additionally, the practices comply with applicable CAS and FAR
Part 31 and are consistent with the contractor’s actual practices.
The
information in this report should not be used for purposes other than those
intended without prior consultation with the Treasury Inspector General for Tax
Administration regarding their applicability.
If you have any questions, please
contact me at (202) 622-8500 or you may call John R. Wright, Director, at (202)
927-7077.
Attachment
NOTICE:
The Office of Inspector General for Tax Administration has
no objection to the release of this report, at the discretion of the
contracting officer, to duly authorized representatives of the contractor.
The contractor information contained in this report is
proprietary information. The
restrictions of 18 U.S.C. § 1905 must be followed in
releasing any information to the public.
This report may not be released without the approval of
this office, except to an agency requesting the report for use in negotiating
or administering a contract with the contractor.
The TIGTA seal was removed due
to its size.