TI-97 Audit Strategy and Plan of Execution - ASMC Audit Strategy and Plan of Execution ......
Transcript of TI-97 Audit Strategy and Plan of Execution - ASMC Audit Strategy and Plan of Execution ......
Johanna Sears
PwC Public Sector in
support of FIAR Directorate,
Office of the Deputy Chief
Financial Officer, OUSD(C)
Mobola Kadiri
Assistant Director, FIAR
Directorate, Office of the
Deputy Chief Financial
Officer, OUSD(C)
TI-97 Audit Strategy
and Plan of Execution
American Society of Military Comptrollers (ASMC) – PDI
May 28, 2015
• TI-97 Audit Strategy
— Statutory Direction
— Senior Leadership Engagement
— DoD Financial Statements Overview
— Path to Full Financial Statement Audit
— DoD’s Consolidated Audit Strategy
— Categories of Reporting Entities
— Timeline to Move to Stand-Alone Audit or Examination
• TI-97 Plan of Execution
— TI-97 Audit Readiness Dealbreakers
— Audit & Examination Roles & Responsibilities
— Lessons Learned & Challenges
Agenda
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3
Statutory Direction
The Chief Financial Officers (CFO) Act of 1990 requires federal agencies to
prepare annual financial statements, and the Government Management Reform
Act (GMRA) of 1994 requires the financial statements to be audited. In addition
to the CFO Act and GMRA, Congress legislated the following:
• Sec. 1003 of the National Defense Authorization Act (NDAA) for FY 2012
requires the plan to include the interim objectives and a schedule of milestones for
each Military Department and Defense Agency to support the goal established by
the Secretary of Defense that the SBR be validated for audit by not later than
September 30, 2014
• Sec. 1003 of the NDAA for FY 2010 requires the Department to develop and
maintain a plan that ensures DoD financial statements are validated as ready for
audit by not later than September 30, 2017
TI-97 Audit Strategy
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Senior Leadership Engagement
“ We will not let up until every Defense
organization has achieved the Secretary’s goal
and the congressional mandate for validated
full financial statement audit readiness by
September 20, 2017, and, ultimately, has
achieved a positive audit opinion.”
– Michael McCord, Under Secretary of Defense (Comptroller)/CFO
TI-97 Audit Strategy
“ … It is not enough to simply tell taxpayers that
we’re spending their dollars responsibly. We
have to also show them, which is why good
cost accounting and financial auditability is so
important to me … it is time that DoD finally
lives up to its moral and legal obligation to be
accountable to those who pay its bills. ”
– Ash Carter, Secretary of Defense
Full financial auditability requires positive opinions on all four statements.
The SBA is a cost-effective way to evaluate readiness of processes and systems.6
Statement What does it provide?
Balance Sheet
Reporting Entity’s financial position as of the statement date
including assets, liabilities and the net position, which is the
difference between the assets and liabilities
Statement of Net CostNet cost is equal to the gross cost incurred by the Reporting
Entity less any exchange revenue earned from its activities
Statement of Changes in
Net Position
Presents the sum of the cumulative results of operations
since inception and unexpended appropriations provided to
the Reporting Entity that remain unused at the end of the
fiscal year
Statement of Budgetary
Resources (SBR)
Budgetary resources made available as well as their status
at the end of the period
Initial
Building
Block
Schedule of
Budgetary
Activity (SBA)
Current year budget data of the Statement of Budgetary
Resources (SBR)
DoD Financial Statements Overview
TI-97 Audit Strategy
The Way Forward
• Validation / audits of current-year
budgetary activity in FY 2015, progressing
to full budgetary activity in FY 2016
• Shifting audit readiness focus to asset
valuation
• Achieving full financial statement audit by
FY 2018
Path to Full Financial Statement Audit
Building the Foundation
• Over 90% of General Fund current year
funds under audit
• Actively applying lessons learned
• Demonstrate the value of moving into audit
• Focused audit readiness efforts on the
existence and completeness of assets
• Started examinations on the existence and
completeness of assets
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TI-97 Audit Strategy
DoD’s Consolidated Audit Strategy
• DoD has developed a strategy to move to full financial statement audit by
FY 2018 in accordance with the NDAA for FY 2010
• The audit strategy builds on audit readiness momentum and demonstrates
interim progress toward the FY 2018 target using a phased approach
— Propose that audits of select reporting entities’ financial statements be
accelerated
— Other reporting entities will undergo progressively more complex examinations
• The phased approach will allow for continual growth and expansion of DoD’s
audit infrastructure to support the increasing number of audits
• Strategy assigns each of DoD’s reporting entities to one of four categories:
— OMB Designated Entity Audits
— DoD Designated Audits
— DoD Designated Examinations
— Remaining Defense Agencies, Organizations, and Funds (Not Material for
Audit)
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The Resulting DoD Consolidated Financial Statement Audit Starting in FY
2018 Will Likely Be the Largest Financial Statement Audit Ever Performed8
TI-97 Audit Strategy
U.S. Army Corps
of Engineers-
Civil Works (TI-96)
$28.73B (3.0%)
Full Financial
Statements
Military Retirement
Fund (TI-97)
$55.45B (5.8%)
Full Financial
Statements
Marine Corps (TI-17)
$28.17B (2.9%)
GF (SBA)
4th Estate (TI-97)
$137.57B (14.4%)
Full Financial Statements
4th Estate (TI-97)
$96.23B (10.0%)
Not Under Audit
• Payments to MRF
• DoD Component Level Accounts
• DHA, Contract Resource Management
• MERHCF (healthcare entitlement)
• Payment to MERHCF (healthcare)
• DCAA
• DeCA, General Fund
• Funds Provided by OSD to MilDeps
– DHA
– USSOCOM
• Foreign Allies Burden Sharing
• Defense Agencies
(e.g., DLA, MDA, DCMA, DISA)
• DoD Field Activities
(e.g., DHRA, DMA, DPAA, DTIC, DTSA, OEA)
• Other Defense Organizations
(e.g., DAU, DOT&E, NDU, OIG)
• Military Housing Privatization Initiative
• Other Trust Funds
FY 2014 Total Budgetary Resources
Army (TI-21)
$240.80B (25.2%)
GF (SBA)
Navy (TI-17)
$181.66B (19.0%)
GF (SBA)
Air Force (TI-57)
$188.51B (19.7%)
GF (SBA)
DoD’s Consolidated Audit Strategy
TI-97 Audit Strategy
0.9 % Not Material for Audit3.6% DoD Designated Examinations
21.9% DoD Designated Audits
73.6% OMB Designated Entity Audits
Categories as Percentage of Total Budgetary Resources
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• Department of the Army (GF and WCF)
• Department of the Navy (GF and WCF)
(includes Marine Corps GF and WCF)
• Department of the Air Force (GF and WCF)
• Military Retirement Fund (MRF) Trust Fund
• U.S. Army Corps of Engineers (USACE)–
Civil Works
• WHS (Pentagon admin)
• MDA (missile defense)
• DSCA (security cooperation)
• DoDEA (education)
• DARPA (R&D)
• Many others
• Defense Logistics Agency
• USTRANSCOM (transport)
• DISA (IT / communication)
• DHA (healthcare)
• USSOCOM (special ops)
• Others already under audit
Entities in red are currently under audit
Categories of Reporting Entities
TI-97 Audit Strategy
• Categories of DoD Reporting Entities
— Based on analysis performed by the Office of the Under Secretary of Defense
(Comptroller), all of DoD’s reporting entities have been assigned to one of four
categories. All TI-97 reporting entities are included in one of four categories:
• OMB Designated Entity Audits
Approximately 73.6% of DoD total budgetary resources
• DoD Designated Audits
Approximately 21.9% of DoD total budgetary resources
• DoD Designated Examinations
Approximately 3.6% of DoD total budgetary resources
• Defense Agencies, Organizations, and Funds Not Material
Approximately 0.9% of DoD total budgetary resources
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Categories of Reporting Entities
TI-97 Audit Strategy
• Which TI-97 Reporting Entities are in this Category?
— MRF Trust Fund and the Military Services’ Working Capital Funds
• Strategy from FY 2015 through FY 2017
— Entities currently under audit and receiving audit opinions (“do no harms”) will
continue undergoing audits of their full financial statements
— Entities not currently under audit will progressively move towards full financial
statement audit by undergoing audits of select financial statements and
examinations performed by Independent Public Accountants (IPAs)
• Role in DoD Consolidated Audit (Starting in FY 2018)
— These reporting entities will annually produce individual financial statements
that are audited by IPAs
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Categories of Reporting Entities: OMB Designated Entity Audits
Strategy from FY 2015 to DoD Consolidated Audit
TI-97 Audit Strategy
• Which TI-97 Reporting Entities are in this Category?
— TI-97 entities that have been identified as material by DoD management
based on a combination of quantitative and qualitative factors or that are
currently under audit
— DoD Component Level Accounts, MERHCF, DeCA, DFAS WCF, DLA,
TRANSCOM, DISA, Defense Health (including SMAs), SOCOM, DCAA
• Strategy from FY 2015 through FY 2017
— Entities currently under audit and receiving audit opinions (“do no harms”) will
continue undergoing audits of their full financial statements
— Entities not currently under audit will undergo examinations performed by IPAs
to move progressively towards full financial statement audits
• Role in DoD Consolidated Audit (Starting in FY 2018)
— As required by DoD management, these reporting entities will annually
produce individual financial statements that are audited by IPAs
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Categories of Reporting Entities: DoD Designated Audits
Strategy from FY 2015 to DoD Consolidated Audit
TI-97 Audit Strategy
• Which TI-97 Reporting Entities are in this Category?
— TI-97 entities that have been Identified as material by DoD management
based on a combination of quantitative and qualitative factors
— WHS, MDA, Other TI-97 Funds Provided to the Army, DSCA, DoDEA,
DARPA, CBDP, DTRA, DCMA, JCS
• Strategy from FY 2015 through FY 2017
— Some of these entities will undergo examinations of select financial
statements performed by IPAs starting in FY 2015
— Some entities will undergo mock audits performed by the Office of the Under
Secretary of Defense (Comptroller) (OUSD(C)) in FY 2015 and move to
examinations performed by IPAs starting in FY 2016.
• Role in DoD Consolidated Audit (Starting in FY 2018)
— These reporting entities will annually produce individual financial statements
and undergo examinations performed by IPAs
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Categories of Reporting Entities: DoD Designated Examinations
Strategy from FY 2015 to DoD Consolidated Audit
TI-97 Audit Strategy
• Which TI-97 Reporting Entities are in this Category?
— All remaining TI-97 entities not included in any of the first three categories
that—when aggregated—total less than 1% of the DoD’s total budgetary
resources
— These are the smallest TI-97 entities, such as DTIC, OEA, DSS, DoD OIG,
DLSA, and DPMO, along with various small trust funds, such as the DoD
Education Benefits Fund
• Strategy from FY 2015 through FY 2017
— Entities will continue performing audit readiness activities, with a focus on:
(1) supporting the universe of accounting transaction details, (2)
reconciliations between accounting systems and feeder systems, and (3) the
reconciliation of Fund Balance with Treasury with U.S. Treasury records
• Role in DoD Consolidated Audit (Starting in FY 2018)
— Entities will not produce individual financial statements
— When the DoD consolidated financial statement auditor performs any
additional audit work needed to issue an opinion on the DoD consolidated
financial statements, accounting transactions related to these reporting
entities could be sampled and tested15
Categories of Reporting Entities: Defense Agencies, Organizations, and Funds Not Material
Strategy from FY 2015 to DoD Consolidated Audit
TI-97 Audit Strategy
• The five TI-97 reporting entities below will move towards stand-
alone financial statement audits.
Tier 2: Mid Cap
Reporting EntitiesFY 2015 FY 2016 FY 2017 FY 2018
FY 2019
Forward
DLAExamination – SBA
(General Funds)Annual Audits – Full Financial Statements
Defense Health Examination – SBA Annual Audits – Full Financial Statements
USSOCOM Examination – SBA Annual Audits – Full Financial Statements
DISAUndergoing Internal
ValidationAnnual Audits – Full Financial Statements
USTRANSCOMContinuing Audit
Readiness Activities
Examination – Full
Financial
Statements
Annual Audits – Full Financial Statements
The Defense Agencies already under audit are not included in this list. The Defense Agencies already undergoing financial statement audit will
continue to receive annual full financial statement audits.
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Timeline to Move to Stand-Alone Audit
TI-97 Audit Strategy
• The 10 TI-97 reporting entities below will move towards stand-
alone audit readiness examinations of their financial
statements.
Tier 3: Small Cap
Reporting EntitiesFY 2015 FY 2016 FY 2017 FY 2018
FY 2019
Forward
WHS Examination – SBA Annual Examinations – Full Financial Statements
MDA Examination – SBA Annual Examinations – Full Financial Statements
DSCA Mock Audit Annual Examinations – Full Financial Statements
DoDEA Mock Audit Annual Examinations – Full Financial Statements
Other TI-97 Funds Provided to the Army Mock Audit Annual Examinations – Full Financial Statements
DARPA Examination – SBA Annual Examinations – Full Financial Statements
ChemBio Examination – SBA Annual Examinations – Full Financial Statements
DTRA Examination – SBA Annual Examinations – Full Financial Statements
DCMA Mock Audit Annual Examinations – Full Financial Statements
JCS Mock Audit Annual Examinations – Full Financial Statements
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Timeline to Move to Stand-Alone Examination
TI-97 Audit Strategy
TI-97 Plan of Execution
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• Fund Balance with Treasury
— Perform complete reconciliations for outlays, Fund Balance with Treasury, and
unobligated balances for all material active/expired appropriations
• Universe of Accounting Transactions
— Produce a universe of transactions reconciled to the financial statements
• Feeder System Reconciliations
— Perform complete reconciliations (including all controls in place to support,
age, and resolve differences) with all material financial systems
• Property Existence, Completeness, and Valuation
— Identify all historical property, establish historical property values, and develop
sustainable processes to identify and value property
• Environmental Liabilities Completeness and Valuation
— Identify and value all environmental liabilities
• Journal Vouchers
— Perform root cause analysis of Journal Vouchers, implement corrective
actions to address root causes, and implement processes and controls to
review, approve, and support remaining Journal Vouchers
TI-97 Audit Readiness Dealbreakers
TI-97 Plan of Execution
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• There are multiple challenges to accomplishing the critical path tasks.
• FIAR, in coordination with DFAS and the Reporting Entities, has established
initiatives, such as working groups and policy updates, to remediate these
challenges.
TI-97 Audit Readiness Dealbreakers:Challenges and Remediation Initiatives
Critical Path Tasks Challenges Initiatives
Fund Balance with
Treasury
• Difficult to identify and address
all the differences when
reconciling FBWT
• TI-97 Workstream
• Updated DoD policy
Universe of Accounting
Transactions
• Difficult to collect reconciled
data from over 20 accounting
systems and reconcile to
dozens of feeder systems
• TI-97 Workstream
Feeder Systems
Reconciliations
• TI-97 Workstream
Property Existence,
Completeness, and
Valuation
• Lack of established process to
value existing and future
property
• Property Working Groups
Environmental Liabilities
Completeness and
Valuation
• Lack of established process to
identify and value
environmental liabilities
• Environmental Liabilities
Working Group
Journal Vouchers • Lack of support for journal
vouchers made to accounting
records
• TI-97 Workstream
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WK 1 - Program
Integration (OUSD)
April 2015
TI-97
Consolidated
Audit Readiness
WK 2B – Reconciliations
(DFAS)
Schedule Performance Index
WK 2C – FBWT (Interim)
(DFAS)FBWT Unmatched Percentage
Schedule Performance Index
FBWT Reconciliation Workbook
WK 2D – System
Readiness (DFAS)Total OuSD FIAR System % Complete
Schedule Performance Index DFAFS
OUSD Non-DFAS Systems % Complete
WK 2E – Journal
Vouchers (DFAS) Site JV Reviews
Schedule Performance Index JV Training
WK 5 – Sensitive
Activities
(OUSD) Perf Metric #2 In Development
Perf Metric #1 In Development
WK 6 – Reimbursable*
(OUSD)
Perf Metric #2 In Development
Schedule Performance Index
Perf Metric #1 In Development
WK 2A – Universe of
Transaction (DFAS)
Feeder File ACL Scripting Status
Schedule Performance Index
Feeder File Receipt Status
Schedule Performance Index
(DFAS)/(OUSD) – Indicates WK Owner
% Completion of System Change Requests (SCRs)
Schedule Performance Index
# Accounting Systems Verified to DCD by DA
Perf Metric #2 In Development
Perf Metric #1 In Development
JV Tracking Sheet
TI-97 Audit Readiness Dealbreakers:TI-97 Workstreams
TI-97 Plan of Execution
• Overview
— Financial and functional representatives developing solution to reconcile
FBWT and address DoD policy challenges
• Highlighted Accomplishments to Date
— Updated DoD policy to provide additional guidance on FBWT
reconciliations, such as:
Who is responsible for performing reconciliations and clearing differences
What detail should be included in the reconciliations
How often the reconciliations should be performed
— Defined the categories of FBWT differences that can occur when
reconciling the Department’s records to Treasury’s records
— Developed approach to address FBWT beginning balances
Roadmap Components/DFAS must follow to demonstrate ability to support
FBWT beginning balances
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TI-97 Audit Readiness Dealbreakers:Fund Balance with Treasury
TI-97 Plan of Execution
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TI-97 Audit Readiness Dealbreakers:Universe of Transactions
TI-97 Plan of Execution
• Reporting Entity’s financial statements will be supported by multiple universes of
accounting transactions and beginning balance details.
• Major Recent Accomplishments
— Formed Defense Agency Working Group for DCD/DCW data validation
Conducted demonstration on DCD/DCW UoT Design
Initial draft of Roles and Responsibilities
• Major Challenges and Impediments
— Expanded support for data validation Roles and Responsibilities
— Alignment of interface partners and DCD implementation schedules
— Balance available resources to support migration of Defense Agencies to DCD
— Sensitive Activities solution and integration of timeline
• Key Next Steps
— Decision on proposed Interface Implementation Schedule
— Completion of requirements review for 6 Interfaces targeted for 30 April
— Commence I&T development activities
— Solidify high level plans for Sensitive Activities
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TI-97 Audit Readiness Dealbreakers:Feeder System Reconciliations
TI-97 Plan of Execution
• Overview
— Each universe will be reconciled to the reporting entities’ accounting
system(s) and financial statements. Also, source transactions, which are
recorded in various feeder systems, will be reconciled to the universe of
accounting transactions and beginning balance details.
• Major Recent Accomplishments
— Completed a breakout of the 70 key elements to show usage
— Decision for way forward for Key Recons with Roles & Responsibilities
(R&R)
• Major Challenges and Impediments
— Sensitive Activity assessment impact
— Accounting General Ledgers Entitlement Data
— Obtaining a centralized Obligation Feeder Source
• Key Next Steps
— Continue to obtain, evaluate and program feeder files into T-Recs
— Coordinating SCR for IPAC Mega Wizard to include key recon data
elements
TI-97 Plan of Execution
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• Overview— Align with FIAR mission critical asset and liability categories
— Provide implementation guidance
— Include financial and functional representatives from OSD and material Components
• Highlighted Accomplishments to Date:
• Path Forward— Where appropriate, update the FMR and develop policy memos, implementation
guidance, and metrics to assess and monitor implementation
— Continue working new issues and vetting with IG, GAO, and FASAB
TI-97 Audit Readiness Dealbreakers:Property Existence, Completeness, and Valuation
Working Group Highlighted Accomplishments
Equipment • Developed a Department-wide strategy to establish an auditable equipment baseline
• Developed a methodology to sustain the valuation of equipment acquired through major programs
• Briefed to GAO and DoDIG
Real Property • Developed a GAAP compliant and implementable real property reporting policy and briefed the GAO
and DoDIG
• Established a GAAP compliant baseline valuation methodology and briefed to FASAB
Internal Use
Software
• Established a Department-wide definition of IUS that clarifies the accounting standards
• Developed an IUS data call survey to establish an initial population of IUS
Inventory and
Related Property
• Developed framework for Components to evaluate the capitalization or expense of OM&S
• Worked with FASAB on developing new OM&S valuation accounting guidance
Environmental
and Disposal
Liabilities
• Established a completeness methodology for liabilities not associated with DoD assets
• Established a program management cost allocation position for Defense Environmental Restoration
Program
• Developed documentation and reconciliation requirements for site level tracking
• High Level corrective action plans (CAPs) address NFRs for Unsupported JVs
from the Financial Reporting SSAE No. 16
— CAPs will be concurrently worked in 4 segments
1. JV Training
ECD: August 2014
Develop Training on supported JV concepts and requirements
Train workforce
Rebuild institutional knowledge through continuous required
training
2. JV Review
ECD: October 2015
Develop requirements for a properly prepared, reviewed, approved and supported JV Package
Perform Review and validate compliance
Provide timely feedback to Stakeholders
3. JV Customer Coordination
ECD: October 2015
Communicate Monthly/Quarterly with customers regarding
JVs impacting the financial reporting
process
Collaborate with customers to establish a review and approval
process
4. JV Root Cause Analysis and Remediation
ECD: September 2017
Review and analyze existing journal
vouchers to identify root cause
Identify and resolve system, process and
procedural deficiencies
Identify and recommend JVs for discontinuance
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TI-97 Audit Readiness Dealbreakers:Journal Vouchers (JVs)
TI-97 Plan of Execution
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Auditor
•External IPA / DoD IG
•Tasked with testing the Reporting Entity’s internal controls and transactions
•Makes requests of documentation to the Reporting Entity through the FIAR Audit Response Center (“ARC”) Tool
•Reviews documentation provided by the Reporting Entity
• Issues audit/examination report based upon the testing results
FIAR Audit Response
•FIAR Audit Response Team
• Interfaces with the Auditor and Reporting Entities and tracks issues and concerns
•Receives and documentation requests from the Auditor to the Reporting Entities
•Reviews documentation submitted by the Reporting Entities for completeness and approves delivery to the Auditor
•Verifies closure of documentation requests made by Auditor
•Coordinates meetings and develops briefings and reports status
•Post- Audit: Tracks Notice of Findings (NFRs) identified by the auditors and monitors progress made by the Reporting Entities/Service Providers on Corrective Action Plan (CAP) development and implementation.
Reporting
Entities
•TI-97 Defense Agencies
•Have infrastructure in place to respond to auditors (educate/prepare the field, have responsible parties ready and available to respond, and have a repository of key supporting documentation)
•Provides organizational and business process information to the Auditors (Walkthroughs)
•Gathers documentation requested by the Auditor and submits to the FIAR Audit Response Team for review.
•Coordinates requests required from Service Providers.
•Post- Audit: Develops Corrective Action Plans to implement solutions to remediate auditor-identified NFRs
Service Providers
•Service Providers
• Be available to Reporting Entities’ audits and examinations:
• Support documentation requests
•, Perform walkthroughs of business processes
• Support other follow-up action items needed by the Reporting Entities.
• Post- Audit: Coordinate with Reporting Entities to develop Corrective Action Plans to implement solutions to remediate auditor-identified NFRs
Audit & Examination Roles & Responsibilities
TI-97 Plan of Execution
• Each TI-97 will have an assigned FIAR Audit Liaison POC. The POC:
— Is the go-to person for guidance for working with the Auditor
— Will be the intermediary between the Reporting Entity and Auditors:
Attend meetings (i.e. entrance conference, weekly/daily touch points,
walkthroughs, etc.)
Work with the Auditors to understand their timeline
— Will review submitted documentation for completeness(making sure it
relates to the Auditors’ request) prior to providing it to the Auditors Track
and monitor the delivery of requests within established timeframes
• FIAR Audit Response Center (ARC) Tool (“FIAR ARC Tool”)
— The FIAR ARC Tool is a SharePoint site to manage the workflow of Auditor
Requests
— All documentation requests and responses must be submitted through the
FIAR ARC Tool
— The FIAR Audit Response Support team will provide FIAR ARC Tool
training to each Defense Agency
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Audit & Examination Roles & Responsibilities:
FIAR Audit Response/Liaison
TI-97 Plan of Execution
• Lessons Learned:
— Importance of senior leadership commitment – Tone from the Top drives action
— Audit readiness is an “All Hands” effort
Process owners need to be engaged early in the process
Maintain continuous and effective communication across the enterprise
— Importance of infrastructure and dedicated resources necessary to support the audit
— Establish clear roles and responsibilities with Service Providers (i.e., DFAS)
— Maintain easy access to supporting documentation: where it is maintained and who
is responsible
— Compliance is critical – continued monitoring of compliance with policies and
procedures and retention of supporting documentation
• Challenges:
— Acquiring and sustaining sufficient resources
— Effective presentation of Universe of Transactions in a timely manner
— Disparate processes and information in legacy environment require manual
workarounds (data calls, reconciliations) that are labor intensive and difficult to
sustain
— Strengthening IT and business process controls is an All-Enterprise effort and must
continue to mature
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Lessons Learned & Challenges
TI-97 Plan of Execution
Stay Connected
• Visit the FIAR website – http://comptroller.defense.gov/FIAR.aspx
• Read the FIAR Plan Status Report– http://comptroller.defense.gov/FIAR/plan.aspx
• Subscribe to the DCFO’s ‘Defense Audit Readiness News’ – Join the distribution list by emailing
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