TREASURY INSPECTOR GENERAL FOR TAX ADMINISTRATION

 

 

Report on Audit of Accounting System and Related Internal Controls

 

 

December 2005

 

Reference Number:  2006-1C-010

 

 

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.

 

 

Phone Number   |  202-927-7037

Email Address   |  Bonnie.Heald@tigta.treas.gov

Web Site           |  http://www.tigta.gov

 

 

December 20, 2005

 

 

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:                    Report on Audit of Accounting System and Related Internal Controls (Audit # 20061C0201)

 

The Defense Contract Audit Agency (DCAA) examined the contractor’s control environment and overall accounting system controls as of September 12, 2005.  The purpose of the examination was to assure that the contractor’s accounting system and related internal controls comply with applicable laws and regulations and are operating effectively.  Test procedures were applied from November 1, 2004, through September 9, 2005.

The DCAA opined that the overall accounting system and related internal control policies and procedures of the contractor’s are adequate.  However, during the course of the examination, the DCAA noted a matter involving the accounting system and related internal controls which, although not considered a significant deficiency at this time, the DCAA believes should be communicated to management.  This matter is detailed in Appendix I “Suggestion to Improve the System.” The DCAA examined only the overall accounting system.  Accordingly, the DCAA expresses no opinion on the contractor’s system of internal controls taken as a whole.

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 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.