Annual Audit Plan -- FY2005 - Department of the Treasury

Treasury Inspector General for Tax Administration - Office of Audit
Appendix XI
LIST OF PLANNED AUDITS FOR FY 2005
HEADQUARTERS OPERATIONS AND
EXEMPT ORGANIZATIONS PROGRAMS
Two of the planned audits for the Headquarters Operations and Exempt Organizations Programs address
statutory requirements related to the Internal Revenue Service’s (IRS) financial statements and other
financial reports. Another three are in response to the IRS Restructuring and Reform Act of 1998
(RRA 98) 1 statutory reporting requirements.
Defense Contract Audit Agency Contract Oversight (Statutory Review)
Audit Objective: Review and issue to the IRS reports prepared by the Defense Contract
Audit Agency on IRS contracts.
Federal Financial Management Improvement Act of 1996 2 Remediation Plan
(Statutory Review)
Audit Objective: Determine if the IRS has met established target dates, and provided
reasonable explanations when adjusting plan dates.
Assistance to Contract Fraud Investigations
Audit Objective: Assist the Office of Investigations in evaluating financial and
operational information relating to allegations of criminal or civil misconduct in
procurement activities.
Audits of Contractor Invoices – Various Contractors
Audit Objective: Determine if contractors billed the IRS accurately and according to
contract terms and conditions.
1 Pub. L. No. 105-206, 112 Stat. 685 (codified as amended in scattered sections of 2 U.S.C., 5 U.S.C.,
5 U.S.C. app., 16 U.S.C., 19 U.S.C., 22 U.S.C., 23 U.S.C., 26 U.S.C., 31 U.S.C., 38 U.S.C., and
49 U.S.C.).
2 Pub. L. No. 104-208, 110 Stat. 3009, also known as the Brown Bill, requires that each agency shall
implement and maintain financial management systems that comply substantially with Federal financial
management systems requirements, applicable Federal accounting standards, and the United States
Government Standard General Ledger at the transaction level.
Fiscal Year 2005 Annual Audit Plan Page 32