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Audit Report: OAS-L-08-16

 August 18, 2008

Agreed-Upon Procedures for Federal Payroll

The Office of Management and Budget Bulletin No. 07-04 (Bulletin), "Audit Requirements for Federal Financial Statements," dated September 4, 2007, requires an annual audit of civilian payroll of executive departments and other Government agencies. Auditors are required to follow the agreed-upon procedures in Section I I of the Bulletin to assess the reasonableness of life insurance, health benefits, and retirement withholdings and contributions. In Fiscal Year 2008, the Department of Energy (Department) used the Defense Finance and Accounting Service to process its payroll. For this audit of civilian payroll, the Department of Defense (DOD) Office of Inspector General (OIG) is the principal auditor. Our office performed the agreed-upon procedures under a Memorandum of Agreement with the DOD OIG. 'The purpose of this audit was to determine whether life insurance, health and retirement benefits withholdings and contributions for selected Department employees were reasonable and accurate.

Topic: Management and Administration