The following are FAQs for Audits.
1. What is Audit Follow-up?
The functional area that ensures DON management agreed-to corrective actions are actually taken within agreed-to time frames and that any monetary benefits are explicitly recorded in DON management's response.
2. What is Audit Oversight?
The functional area that involves the monitoring of corrective actions taken by DON focal points in administering and managing the audit process to ensure focal point efficiency and effectiveness.
3. What is Audit Liaison?
The functional area that involves communicating audit organizations information requirements by providing audit assistance, advice, and products between Department of Navy (DON) management and Audit organizations.
DON management's responsibility is to: Respond to NAVAUDSVC/GAO/DOD IG Reports by providing the DON position; Correct any inaccurate findings, recommendations, or conclusions in the reports; Provide corrective action taken in response to NAVAUDSVC/GAO/DOD IG Reports; and, Answer DOD IG Audit Follow-up inquiries within the established time frames.
4. What are the applicable regulations related to the Audit reporting requirements?
BUPERSINST 7500.2B- Relations with External Audit Organizations
SECNAVINST 7700.7 - Information Requirements for the semiannual report to Congress
SECNAVINST 5200.34E - Management of Audit Decision and Follow-up Functions
SECNAVINST 5740.30 - GAO and DOD IG Audit Follow-up Requirements for the Department of the Navy
5. What is the Audit Dispute Resolution/Decision process?
The process involves facilitating meetings between the Naval Audit Service auditors and Department of the Navy management when disputes arise over undecided findings, recommendations or estimated monetary benefits. These disputes are required by Public Law 100-504 to be decided within 180 days. The process for resolving these disputes is called the Audit Dispute Resolution Process.
6. What are the applicable regulations pertaining to Audit Liaison?
SECNAVINST 5740.25D - Relations with the Office of the Assistant Inspector General for Auditing, Department of Defense
SECNAVINST 5740.26B - Relations with Legislative Branch Audit and Investigative Agencies