External FY 10 AUDIT PLAN FINAL Nov 19 2

U.S. POSTAL SERVICE OFFICE OF INSPECTOR GENERAL OFFICE OF AUDIT FY 2010 AUDIT PLAN ƒ„„ƒƒƒƒƒ„ TABLE OF CONTENTS Background……………………………………………………………………………………..1 Mission and Organization……………………………………………………………………..2 Allocation of Resources by Audit Directorate……………………………………………….3 Management Challenges Facing the Postal Service………………………………………4 Risk-Based Planning Process………………………………………………………………..5 Select Work by Risk Area……………………………………………………………………..6 Strategic Risk Select Work Performed Under Strategic Risk in FY 2009 Examples of Planned Work Under Strategic Risk in FY 2010 Financial Risk Select Work Performed Under Financial Risk in FY 2009 Examples of Planned Work Under Financial Risk in FY 2010 Operational Risk Select Work Performed Under Operational Risk in FY 2009 Examples of Planned Work Under Operational Risk in FY 2010 i BACKGROUND U.S. Postal Service Office of Inspector General (OIG) audits and reviews are designed to protect assets and revenue, ensure efficient and economical mail delivery, and safeguard the integrity of the postal system. Additionally, our special studies provide insight on quantitative issues involving Postal Service operations and economic matters. The results of our work are presented in published reports and semiannual reports to Congress. We also provide results of our work throughout the year to the Board of Governors (Board), ...