1 / 8

Audit Committee 2011 FAEC Conference

Audit Committee 2011 FAEC Conference. Gil Harden, AIG/A USDA-OIG John Needham, AIG/A SBA-OIG. Agenda. Purpose of the Audit Committee Recent Projects Topics of Current Interest and Service to Community Call for Committee Members. Audit Committee. 1 of 6 Standing Committees of FAEC

wan
Download Presentation

Audit Committee 2011 FAEC Conference

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Audit Committee2011 FAEC Conference Gil Harden, AIG/A USDA-OIG John Needham, AIG/A SBA-OIG

  2. Agenda • Purpose of the Audit Committee • Recent Projects • Topics of Current Interest and Service to Community • Call for Committee Members

  3. Audit Committee • 1 of 6 Standing Committees of FAEC • No specifically stated purpose in FAEC Charter • Generally support FAEC responsibilities • Guidance on Peer Review Process • Input on policies regarding Federal Government audits • Coordinating with GAO, OMB, and others on matters affecting audit policy

  4. Recent Projects • Earlier this year, coordinated and provided comments to the CIGIE Audit Committee on • draft Yellow Book and • CFO Act report • Currently, finalizing the compilation of responses to questionnaire on the Peer Review Process and conducting training • 78 participants, 40 agencies in August 2011 • Next training session is Feb 2012

  5. Recent Peer Review Survey • Peer Review Survey Questions • The Guide • Scheduling and Assignment • Training • Conducting the Review • Reporting Results • Other Observations

  6. Current Topics • Audit Performance Metrics • Improper Payment Requirements • Small OIG Quality Control Concerns • Audit Follow-up • What are the other areas of interest/concern for the community?

  7. Next Steps • Need assistance to accomplish what we decide to do • Looking for 4 to 6 individuals to be a part of the committee • Will look for additional volunteers to help accomplish specific projects • Any interest contact Gil or John

  8. Contact Information • Gil Harden, AIG/A USDA-OIG • Gil.Harden@oig.usda.gov • 202-720-6945 • John Needham, AIG/A SBA-OIG • John.Needham@sba.gov • 202-205-7390

More Related