The audit outcomes are through fiscal year 2016. The Commission’s fiscal year begins October 1 and ends September 30 of the following year. Since 2005, there have been 1,179 audits findings. Auditors have made 2,810 recommendations for corrective actions in which jurisdictional companies developed robust compliance plans to implement staff’s recommendations. Staff monitors implementation of all of these recommendations until they are properly implemented.

Audit topics included, but were not limited to, the following audit scopes:

(Note: Links are to predefined eLibrary searches)

• Formula Rates/Fuel Adjustment Clauses
• Comprehensive Gas Audits (e.g., cost trackers, accounting, reporting, affiliate transactions, tariff compliance, and pipeline safety and integrity costs)
• Oil Pipeline – Form 6 (page 700) Accounting
• Nuclear Decommissioning Trust Funds
• Uplift Costs
• Form 552 Reporting
• Mergers/Acquisitions
• Open Access Transmission Tariff (OATT)
• Reliability
• Affiliated Transaction,
• Market-based Rate Authority/Electronic Quarterly Reporting
• Public Utility Holding Company Act of 2005
• Price Index Reporting
• Web Site Posting/Open Access Same-Time Information System (OASIS)
• Code of Conduct/Standards of Conduct
• Independent System Operator (ISO)/Regional Transmission Organization (RTO) Independence and Performance
• Construction Costs and Construction Work in Progress