Budget System and Financial Control Audit

 

July 2003

 

Reference Number:  2003-1C-145

 

 

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.

 

July 25, 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:     Budget System and Financial Control Audit (Audit # 200310002.036)

 

The Defense Contract Audit Agency (DCAA) examined the contractor’s budget and planning system as of February 28, 2003.  The purpose of the examination was to ensure that the contractor’s system of budget and planning controls is adequate to provide budgets and plans that are reasonable and compliant with applicable laws and regulations.  The examination was also used to evaluate the contractor’s compliance with the system’s internal control requirements.  

The DCAA stated that the budget and planning system and related internal control policies and procedures of the contractor are adequate.  However, the DCAA noted other matters involving the budget and planning system and related internal controls. Although they are not considered to be significant deficiencies at this time, the DCAA believes these deficiencies should be communicated to the management of the contractor. 

The information in this report should not be used for purposes other than that intended without prior consultation with the Treasury Inspector General for Tax Administration regarding its applicability.

If you have any questions, please contact me at (202) 622-8500 or 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 USC 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.