Auditing

Auditing

Competency Requirements

Competence Requirements are those standards that must be met for auditing organizations and professionals. Below is a list of requirements from the DoD Audit Manual. DoD auditors and non-Federal auditors assigned to perform an audit service (including internal and external specialists) should collectively possess adequate professional competence for the tasks required. They should collectively possess …

Auditing

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Auditing

Conducting Non-Audit Services

DoD management may use DoD audit organizations to accomplish their responsibilities by requesting nonaudit services such as being advisors on working groups, task forces, and integrated product teams. Nonaudit services can be divided into the following categories: Routine Other Than Routine Nonaudit Services That DoD Audit Organizations Should Not Nonaudit services differ from audit services …

Auditing

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Auditing

Coordinating Audit Activities

  To conduct a successful audit, it’s important that all participating organizations are coordinated with. There are four activities that should be addressed for coordination. These activities are: Coordinating Requirements with all organizations Coordinating audit services with the Contractor Coordinating audit services with the Government Accountability Office (GAO) Coordinating with other audit type organizations 1. …

Auditing

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Auditing

DoD Manual 7600.07-M Audit Manual

The DoD Manual 7600.07-M “Audit Manual” assists DoD audit organizations in complying with the auditing standards in Comptroller General of the United States Standards which is commonly known as the Generally Accepted Government Audit Standards (GAGAS). Manual:DoD Manual 7600.07 “DoD Audit Manual” – 2 Aug 2015 Table of Content References Responsibilities Guidance for Conducting Audit …

Auditing

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Auditing

Contracting Audit Services

  DoD Components, Officials and Program Offices can contract with private auditing services when non-Federal auditors are not available. They should follow requirements described in   Manual: DoD Manual 7600.07 “DoD Audit Manual” – 2 Aug 2015 Non-Federal auditors who perform work for the DoD are subject to Generally Accepted Government Auditing Standards (GAGAS) and must …

Auditing

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Auditing

Standards and Requirements

  The DoD Auditing Standards are based upon of U.S. Code title 5 Appendix 3 that requires: All audit services performed by DoD audit and internal review organizations and non-federal auditors comply with Generally Accepted Government Audit Standards (GAGAS). The Inspector General (IG) DoD to ensure that DoD audit services comply with GAGAS.  GAGAS incorporates …

Auditing

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Auditing

Audit Plan

    An Audit Plan is a planning and scheduling tool used by auditors and should serve as a notice to the management of the audits planned in their areas of responsibility. The plan should be flexible and adjusted as necessary to keep it current. Each DoD audit organization should establish policies and procedures for …

Auditing

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Auditing

Auditing Overview

  Auditing is the Systematic examination of records and documents to determine adequacy and effectiveness of budgeting, accounting, financial, and related policies and procedures; compliance with applicable statutes, regulations, policies, and prescribed procedures; reliability, accuracy, and completeness of financial and administrative records and reports; and the extent to which funds and other resources are properly …

Auditing

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