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Home > Inspector General Program > Audit Program
OIG Audit Program
The Audit Program covers the management and financial operations, the
economy or efficiency with which an organization, program, or function
is managed; and the program results achieved. For this program auditors
assess the degree to which an organization complies with laws, regulations,
and internal policies in carrying out programs, and they test program
effectiveness as well as the accuracy and reliability of financial statements.
The overall objective of an audit is to identify ways to enhance agency
operations and promote greater economy and efficiency. Audits comprise
four phases:
- Survey phase. An initial phase of the audit usually
is conducted to gather information, without detailed verification, on
the agency's organization, programs, activities, and functions. An assessment
of vulnerable areas determines whether further review is needed.
- Verification phase. Detailed information is obtained
to verify findings and support conclusions and recommendations.
- Reporting phase. The auditors present the information,
findings, conclusions, and recommendations that are supported by the
evidence gathered during the survey and verification phases. Exit conferences
are held with management officials to obtain their views on the issues
in the report. Comments from the exit conferences and any written comments
are presented in the published audit report.
- Resolution phase. Positive change results from the
resolution process in which management takes action to improve operations
based on the recommendations in the published audit report. Management
actions are monitored until final action is taken on all recommendations.
When management and the OIG cannot agree on the actions needed to correct
a problem identified in an audit report, the issue can be taken to the
Chairman for resolution.
Audits planned for the current fiscal year are listed in the OIG Annual Plan .
Reports resulting from completed audits are available in OIG
Reports.
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