Report 2016-001-AOIG - FY 2016 Financial Statement Independent Auditor Report

Fiscal Year
2016
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 2016.  The contract required that the audit be done in accordance with U.S. generally accepted government auditing standards(GAGAS) contained in Government Auditing Standards issued by the Comptroller General of the United States and Office of Management and Budget (OMB) Bulletin 15-02, Audit Requirements for Federal Financial Statements, as amended.

HRK reported that EEOC’s fiscal year 2016 financial statements and notes were fairly presented, in all material respects, in accordance with accounting principles generally accepted in the United States of America.  The lack of sufficient controls over supporting documentation for personnel expenses was identified again this year as a significant deficiency.  HRK noted no instances of noncompliance or other matters that were required to be reported under Government Auditing Standards or OMB Bulletin 15-02.