DoD OIG Contracts for Financial Statement Audits

Financial Statement Audits

The DoD OIG Contract Planning and Oversight Group was established to help the DoD acquire the resources needed to perform Congressionally mandated audits of its financial statements. The DoD OIG uses the General Services Administration schedules and other viable sources to procure professional auditing services. Defense Finance and Accounting Service – Contract Services Division currently provides contract and administrative support for audit service requirements.

Audit and Accounting Guidance

“Audit Requirements for Federal Financial Statements,” OMB Bulletin No. 17-03, September 29, 2017

Federal Information System Controls Audit Manual (FISCAM)

Federal Information Security Management Act (FISMA)

PCIE Best Practice Guide: Coordinating the Preparation and Audit of the Federal Financial Statements, September 2007

Government Accountability Office (GAO) Guidance

• "Acquisition/Financial Systems Interface Requirements - Checklist for Reviewing Systems Under the Federal Financial Management Improvement Act," GAO-04-650G, June 2004.
• Government Auditing Standards, GAO-18-568G (2018 Revision)
• GAO Checklists for Reviewing JFMIP Systems

For assistance, please visit the Government Accountability Office's Government Auditing Standards page

National Information Assurance (IA) Glossary

Statements on Auditing Standards (SAS)

• Statement on Standards for Attestation Engagements
• Service Organization Controls
• AU-C Section 600: Special Considerations - Audits of Group Financial Statements (Including the Work of Component Auditors)
• AU-C Section 805: Special Considerations - Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement