TVA's Internal Audit Improved but Inspector General May Still Be Needed
EMD-82-61
Published: Mar 19, 1982. Publicly Released: Mar 23, 1982.
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Highlights
Concern has continually been expressed about the Tennessee Valley Authority's (TVA) internal control activities and whether TVA needs an inspector general (IG). Because of that concern, GAO was asked to: (1) assess the TVA Office of Internal Audit and Evaluation, focusing on the organizational location of this group, how it identifies and plans areas for review, whether it has access to all areas, where its reports are submitted, and whether the reports have had any impact; and (2) evaluate whether the Office of Internal Audit and Evaluation or the Audit Review Group is a viable option to an IG at TVA.
Recommendations
Matter for Congressional Consideration
| Matter | Status | Comments |
|---|---|---|
| Congress should monitor the Office of Internal Audit and Evaluation's actions over the next several months in determining whether an Inspector General is needed at TVA. |
Closed – Implemented
|
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information. |
Recommendations for Executive Action
| Agency Affected | Recommendation | Status |
|---|---|---|
| Tennessee Valley Authority | The Chairman of TVA should require the Office of Internal Audit and Evaluation to: (1) develop, within the Office of Management and Budget policies, an annual audit plan which will prioritize planned efforts and which can act as a guide in determining the type and scope of audits to be performed; and (2) establish a formal followup system to ensure that recommendations are acted upon. |
Closed – Implemented
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
|
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