bupersinst 1710.16 - Fitness, Sports and Deployed Forces Support

BUPERSINST 1710.16
"The audit of the accounts and records of the fund
represented by the attached indicate that these working papers
reflect the financial condition of the fund at the end of (date)
and the summary of operations for the period indicated. From our
examination, we believe that the fiscal affairs of the fund were
conducted following instructions, orders, and regulations of the
Department of the Navy and that the financial condition of the
fund is satisfactory."
c. Local Audit Reports
(1) Audit reports, supported by adequate working
papers, shall be presented simultaneously to the Fund
Administrator and the Fund Custodian in writing within 10 days
after completion of each audit, or section of an audit.
(2) Within 10 days after receipt of the audit report,
the Fund Custodian shall notify the Fund Administrator in writing
of actions to be taken to correct deficiencies and make
improvements recommended in the report. Responses should state
either concurrence or nonconcurrence with each recommendation,
corrective actions taken or planned, and realistic target
completion dates for such actions. Unresolved issues will either
be deleted from the report, or referred to the next level of
command for review and resolution.
(3) The Fund Administrator shall provide a copy of all
directed actions to the audit board for follow-up information.
The head of the audit board, or senior auditor assigned to the
audit, is responsible for comparing the management’s responses
with the intent of the recommendation and advising the Fund
Administrator of his review comments as to whether or not the
responses are satisfactory, and what additional information is
needed, if appropriate.
26. Command Inspections. Reference (c) provides guidelines for
the Naval Command Inspection Program. Fleet Commanders, Type
Commanders, and Immediate Superiors in the Chain of Command issue
specific inspection criteria for command inspections. Appendix A
to Enclosure (1) is a broad guideline that can be used to prepare
for subject inspections.
Enclosure (2)