The Office of Inspector General (OIG) maintains a quality assurance program to ensure that work performed adheres to established OIG policies and procedures, meets established standards of performance, and is carried out economically, efficiently, and effectively. Also, in accordance with Government Auditing Standards and the Attorney General Guidelines for Offices of Inspector General with Statutory Law Enforcement Authority, the OIG's auditing and investigations functions are subject to peer reviews. These peer reviews provide an additional and external level of assurance of the OIG's adherence to prescribed standards, regulations, and legislation through a formal objective assessment of its operations. The Council of Inspectors General on Integrity and Efficiency (CIGIE) prescribes the methodology for performing peer reviews. Attached are the latest reviews of OIG's auditing and investigations functions.
March 31, 2014
Performed by: The OIG for the Troubled Asset Relief Program
Results: The system of quality control for the TVA OIG audit organization in effect for the year ended September 30, 2013, has been suitably designed and complied with to provide TVA OIG with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Federal audit organizations can receive a rating of pass, pass with deficiencies, or fail. TVA OIG has received a peer review rating of pass.
May 23, 2016
Performed by: United States Railroad Retirement Board
Results: In our opinion, the system of internal safeguards and management procedures for the investigative operations of the Office of Inspector General for the Tennessee Valley Authority in effect for the period ended January 31, 2016, is in compliance with the quality standards established by the CIGIE and the applicable Attorney General Guidelines.