ASR conducts research for U.S. Department of Labor to ensure Improper Payments Information Act (IPIA) compliance
August 26, 2006 | Leave a Comment
ASR Analytics is awarded a project with the Department of Labor (DOL) Office of the Chief Financial Officer on a variety of tasks surrounding selection, analysis, and validation of a statistical sample of financial transactions. DOL seeks to achieve three objectives through this project: (1) test internal controls over the key business processes, in accordance with the requirements of the revised Circular A-123, Appendix A; (2) satisfy the testing requirements for the Improper Payments Information Act of 2002 for designated business processes/programs; and (3) project the amount of monetary misstatement that may exist in all material financial statement line items. ASR is performing this work as a subcontractor to Grant Thornton.