The U.S. Equal Employment Opportunity Commission
US EEOC Performance and Accountability Report FY 2006


TO: Naomi C. Earp

FROM: Aletha L. Brown
Inspector General

SUBJECT: Audit of the Equal Employment Opportunity Commissions Fiscal Year 2006 and 2005 Financial Statements (OIG Report No. 2006-03-FIN)

The Office of Inspector General (OIG) contracted with the independent certified public accounting firm of Cotton and Company LLP to audit the financial statements of the U.S. Equal Employment Opportunity Commission (EEOC) for fiscal years 2006 and 2005. The contract required that the audit be done in accordance with U.S. generally accepted government auditing standards; Office of Management and Budgets Bulletin 06-03, Audit Requirements for Federal Financial Statements, and the Government Accounting Office/Presidents Council on Integrity and Efficiencys Financial Audit Manual.

Cotton and Company LLP issued an unqualified opinion on EEOCs FY 2006 and 2005 financial statements. In its Report on Internal Control, Cotton and Company LLP noted no matters involving the internal control and its operation that was considered to be a reportable condition. Cotton and Company LLP also reported that EEOCs financial management systems substantially complied with the requirements of the Federal Financial Management Improvement Act of 1996 (FFMIA), and found no reportable noncompliance with laws and regulations it tested.

In connection with the contract, OIG reviewed Cotton and Company LLPs report and related documentation and inquired of its representatives. Our review, as differentiated from an audit in accordance with U.S. generally accepted government auditing standards, was not intended to enable us to express, and we do not express, opinions on EEOCs financial statements or conclusions about the effectiveness of internal controls or on whether EEOCs financial management systems substantially complied with FFMIA; or conclusions on compliance with laws and regulations. Cotton and Company LLP is responsible for the attached auditors report dated November 2, 2006 and the conclusions expressed in the report. However, OIGs review disclosed no instances where Cotton and Company LLP did not comply, in all material respects, with generally accepted government auditing standards.

cc: Anthony Kaminski
Jeffrey A. Smith
Germaine Roseboro
Nicholas Inzeo
Peggy Mastroianni

This page was last modified on December 7, 2006

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