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The Equal Employment Opportunity Commission (EEOC) is the federal agency responsible for enforcing.

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11y ago

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When was Defense Contract Audit Agency created?

Defense Contract Audit Agency was created in 1952.


What did the 1996 Single Audit Act Amendments change about how federal funds trigger an audit?

Audit requirements are triggered by federal funds expended rather than funds received


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What is the main difference between the duties of a bank audit department and the duties of a Federal Reserve Bank examination team?

The main difference between the duties of a bank audit department and the duties of a Federal Reserve Bank examination team is: The duties of a bank audit department cannot audit the ederal Reserve Bank examination team but the duties of a Federal Reserve Bank examination team can audit the bank audit department.


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Who authorizes direct billing of interim vouchers?

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How did audits work before the Single Audit Act?

Before the SAA, federal agencies had the authority to require an audit of each federally funded program or activity. Thus, audit overlaps and organizational inefficiencies existed as there was no coordination among the federal agencies.


How is it that the audit profession is self-regulated at the federal level?

For the most part though, throughout the twentieth century, the audit profession continued to be self-regulating at the federal level, by agreement and cooperation between the SEC and the AICPA.


What is the difference between pre-audit and post-audti?

a pre audit is where the inspecting firm comes in and gives you some advice on what to fix, check etc... the post audit is where the agency comes in to see if you have fixed the problems or came up with answers to the questions they asked during the audit itself.


Can State Legislatures audit the federal reserve banks that cover districts within their state?

No, that is the job of the federal government. The state governments have no jurisdiction in the matter.