OIG-05-A-09, Audit of NRC's Budget Formulation Process

OFFICE OF THE INSPECTOR GENERALU.S. NUCLEARREGULATORY COMMISSIONAudit of the Budget Formulation ProcessOIG-05-A-09 January 31, 2005AUDIT REPORTAll publicly available OIG reports (including this report) are accessible throughNRC’s Web site at:http://www.nrc.gov/reading-rm/doc-collections/insp-gen/ January 31, 2005 MEMORANDUM TO: Luis A. Reyes Executive Director for Operations Jesse L. Funches Chief Financial Officer FROM: Stephen D. Dingbaum/RA/ Assistant Inspector General for Audits SUBJECT: AUDIT OF THE BUDGET FORMULATION PROCESS (OIG-05-A-09) Attached is the Office of the Inspector General’s (OIG) audit report titled, Audit of the Budget Formulation Process. The report incorporates comments provided by your offices, as appropriate. This report reflects the results of our audit to determine whether the budget formulation portion of the Planning, Budgeting, and Performance Management process is (1) effectively used to develop and collect data to align resources with strategic goals, and (2) efficiently and effectively coordinated with program and support offices. Overall, the audit disclosed that the agency effectively develops and collects data to align resources with strategic goals and the budget is prepared in alignment with the Strategic Plan. Further, as required by the Office of Management and Budget, the agency successfully conducted Program Assessment Rating Tool evaluations. ...