3.4.1: Quality & Efficiency
Continue to ensure the quality and efficiency of OIG audits, attestations, inspections, evaluations, and investigations. Other Information:
We continually review our internal business processes to ensure that quality is incorporated throughout a project's life cycle
and that management receives meaningful project status information. Proposed changes to GAO's Government Auditing Standards
may necessitate revising our audit policies for financial audits, performance audits, and attestations. We will continue to
strengthen the scoping and planning phase of our audit assignments to incorporate compliance with standards in each assignment
as early as possible. For each audit, inspection, and evaluation, we will set clear objectives, develop an appropriate methodology
to address these objectives, and set realistic project timeframes. We recently implemented a revised quality assurance monitoring
program designed to further enhance the quality of our audits and attestations. We anticipate expanding this program to encompass
our inspections and evaluations. Based upon the results of the program to date, we have identified internal policies and procedures
that can be enhanced, and we have established a team to accomplish this task. Furthermore, within the next three years, both
our audit and investigative programs are due to undergo external peer reviews, and we will be conducting peer reviews of other
OIGs. There are lessons to be learned from both undergoing and conducting a peer review. These reviews provide valuable insight
into how other OIGs perform their duties and identify ways we may improve the efficiency and effectiveness of our programs.
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