ASR again selected to provide A-123 and IPIA compliance services at the U.S. Department of Labor

May 15, 2007

For the second year in a row, ASR Analytics is supporting the U.S. Department of Labor (DOL) Office of the Chief Financial Officer to validate controls over financial transactions performed by the Department. ASR is performing a variety of tasks surrounding selection, analysis, and validation of statistical sampling methodologies. 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.