Report | May 18, 2017

Project Announcement: Audit of Navy Systems Management Activity’s Financial Statement Compilation Adjustments and Information Technology Corrective Action Plan Validation Process (Project No. D2017-D000FS-0148.000)

We plan to begin the subject audit in May 2017. Our audit objective is to determine whether adjustments made to Navy Systems Management Activity data during the FY 2017 financial statement compilation process were adequately documented and supported in accordance with the DoD Financial Management Regulation. We will also review the Navy Systems Management Activity’s process for validating its information technology corrective actions plans.