The objective of a peer review is to determine whether an audit organization’s quality control system is suitably designed, in place, and operating effectively. Peer reviews also provide assurance that ODCA conducts audits in accordance with our internal policies and procedures and Government Auditing Standards, promulgated by the U.S. Government Accountability Office (GAO). The GAO’s Government Auditing Standards provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. Those standards require audit organizations to receive an external peer review at least once every three years.
During our last review, completed on June 10, 2016, the Peer Review Team of the Association of Local Government Auditors reported that ODCA’s internal quality control system was suitably designed and operating effectively to provide reasonable assurance of compliance with Government Auditing Standards during the period of October 1, 2012, to September 30, 2015. The Team noted improvements ODCA made to the quality control system by updating our Policy and Procedure Manual with more detailed guidelines to help ensure compliance with Government Auditing Standards. They also noted our efforts in developing and conducting internal quality assurance reviews.