Accountability & Audit Readiness: Sustaining Army’s Strength

FY 2015 2nd Quarter Teleconference

Office of the Assistant Secretary of the Army (Financial Management & Comptroller) (OASA(FM&C))

Managers’ Internal Control Program

January 7, 2015

Accountability & Audit Readiness: Sustaining Army’s Strength

Roll Call Opening Remarks FY 2015 Schedule of Events MICP Survey on AKO Current Audit Readiness Engagements Questions/Comments

Agenda

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Accountability & Audit Readiness: Sustaining Army’s Strength

Opening Remarks

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FY 2015 SchFY2015 Schedule of EventsCompleted Date Event OPR

√ 9 Oct 2014 1st Qtr Senior Level Steering Group/Senior Assessment Team (SLSG/SAT) SLSG

√ 21 Oct 2014 1st Qtr Teleconference with Reporting Organizations SAFM-FO

√ 7 Jan 2015 2nd Qtr Teleconference with Reporting Organizations SAFM-FO

15 Jan 2015 2nd Qtr SLSG/SAT SLSG

2 Apr 2015 3rd Qtr Teleconference with Reporting Organizations SAFM-FO

9 Apr 2015 3rd Qtr SLSG/SAT SLSG

15 May 2015 Annual statements from Army commands (ACOMs), Army service component commands (ASCCs) and direct reporting units (DRUs) due to OASA(FM&C) Commands

29 May 2015 Annual statements from HQDA Principal Officials due to OASA(FM&C)HQDA

Principal Officials

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FY 2015 SchFY2015 Schedule of EventsCompleted Date Event OPR

18 Jun 2015 Draft Army statement of assurance delivered to SLSG/SAT members for coordination

SAFM-FO

26 Jun 2015 SLSG/SAT member comments on draft Army statement due to OASA(FM&C) HQDA Principal Officials

1 Jul 2015 4th Qtr Teleconference with Reporting Organizations SAFM-FO

9 Jul 2015 4th Qtr SLSG/SAT SLSG

21 Jul 2015 Release final draft Army statement thru DASA(FO) to SecArmy for signature SAFM-FO

24 Aug 2015 Final signed Army statement delivered to the Secretary of Defense SAFM-FO

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Accountability & Audit Readiness: Sustaining Army’s Strength

Purpose/Objective– Understand specific areas of concern from all levels of MICP.– Integration of Audit Readiness / MICP feedback– Elected to conduct anonymous survey

• Survey on website indicates it can be taken multiple times• Statement cannot be removed when choosing anonymous

survey Survey will be available until COB Friday, January 16. Results will be compiled and analyzed for further action. Potential Working Group may be formed to assist with

action plans.

MICP Survey on AKO

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Accountability & Audit Readiness: Sustaining Army’s Strength

Current Audit Readiness Engagements

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Accountability & Audit Readiness: Sustaining Army’s Strength

Statement of Budgetary Resources (SBR) activity for ONLY current year (FY15) transactions and appropriations.– SBA Audit does not include Beginning Balances.– Transactions/Appropriations from 1 October 2014 – 30 September 2015.

Contract was awarded in December to KPMG– Entrance conference held on 18 December 2014.

Audit Phase / Timing– Planning: December 2014 – March 2015– Internal Control: April 2015 – October 2015– Testing: April 2015 – October 2015– Reporting: October 2015 – November 2015

FY15 Schedule of Budget Activity (SBA) Audit

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Accountability & Audit Readiness: Sustaining Army’s Strength

Operating Materials and Supplies (OM&S)– Army munitions

Real Property– General Fund and Army Working Capital Fund

DoDIG is conducting both engagements– Work started in November 2014– Site visits and testing will be conducted through March 2015

Army expects final reports for both engagements by May 2015

Existence & Completeness (E&C) Examinations

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Accountability & Audit Readiness: Sustaining Army’s Strength

Questions/Comments

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