Personal tools

Audit Report

For purposes of this Order, audit reports are limited to final reports detailing the results of IG and GAO audits. Types of audit reports include (1) Financial audit report—include a review of the fairness of presentation of financial information, the effectiveness of related internal controls, and compliance with applicable laws and regulations; (2) Operational audit reports—include reviews of the operation and management of Departmental programs and administrative functions and generally involve actual or potential fraud, waste, error, or procedural deficiencies applicable to Departmental elements; and (3) Contractual audit reports—include both contract and financial assistance agreements. Contractual audit reports generally review costs claimed in the determination of allowable costs. Those reports could also include fraudulent claims, compliance, economy, and efficiency audits of contract organizations when DOE is responsible for ensuring the necessary corrective actions are taken.

No items have been linked to this term.
  • Information and Analysis

Document Actions