The Office of Audit and Evaluation’s activities include performance audits and evaluations, and financial audits. The OAE audits are conducted in accordance with Generally Accepted Government Audit Standards, issued by the U.S. Government Accountability Office. The OAE inspections and evaluations are conducted in accordance with Quality Standards for Inspection and Evaluation, issued by the Council of Inspectors General on Integrity and Efficiency. The OAE also monitors the contracts for the (1) audit of the AbilityOne Program’s financial statements and (2) the review of its information security practices; pursuant to the Chief Financial Officers Act of 1990 and information security reviews as required by the Federal Information Security Management Act of 2014. Other audits, inspections, or evaluations may be contracted out as determined necessary to meet our goals and objectives.
- Performance audits and evaluations address the efficiency, effectiveness, and economy of the Program. This work may check compliance with laws and regulations and evaluate its success in achieving program objectives. This work may also assess the operations of a Central Nonprofit Agency (CNA) or Nonprofit Agencies (NPA) to determine whether the they complied with applicable laws, regulations, and cooperative agreement terms; and achieved intended results.
- Financial audits determine whether a reporting entity (1) has presented its financial statements fairly and in accordance with generally accepted accounting principles; (2) has an internal control structure that provides reasonable assurance of achieving the control objectives set forth by the Office of Management and Budget (OMB); and (3) has complied with laws and regulations that could have a direct and material effect on its financial statements, the Federal Financial Management Improvement Act, and other laws and regulations.
The OAE publishes an annual oversight plan that identifies key areas for review based on a risk assessment, input from stakeholders, and our prior work.