Report 2012-001-FIN - Audit of the Equal Employment Opportunity Commission’s Fiscal Year 2012 Financial Statements

Fiscal Year
Executive Summary

The Office of Inspector General (OIG) contracted with the independent certified public
accounting firm of Harper, Rains, Knight and Company, P.A (HRK) to audit the
financial statements of the U.S. Equal Employment Opportunity Commission (EEOC)
for fiscal year 2012. The contract required that the audit be done in accordance with
U.S. generally accepted government auditing standards contained in Government
Auditing Standards issued by the Comptroller General of the United States and Office
of Management and Budget’s Bulletin 07-04, Audit Requirements for Federal Financial
Statements, as amended.

HRK issued an unqualified opinion on EEOC’s FY 2012 financial statements. In its
Report on Internal Control, HRK noted two areas involving internal control and its
operation that were considered to be significant deficiencies. These included the lack of
sufficient controls over supporting documentation for personnel expenses and the lack of sufficient controls over financial reporting. In its Report on Compliance with Applicable Laws and Regulations, HRK noted no instances of non compliance with certain laws and regulations applicable to the agency.