Date Issued
Report Number
2018-15591
Report Type
Inspection / Evaluation
Description
We evaluated the process TVA uses to verify the accuracy of payments made to the Department of Labor (DOL) for workers compensation benefits. We determined TVA did not have a formal process to verify the accuracy of payments made for schedule awards. Although TVA’s Sarbanes-Oxley Act (SOX) controls verified certain aspects of the DOL billings, the SOX controls did not include steps to verify the accuracy of the elements in award of compensation letters and, as a result, some errors were not identified. Additionally, we found TVA was not performing a SOX control related to providing a summary of workers' compensation charges to the applicable organizations for review.
Joint Report
Yes
Participating OIG
Tennessee Valley Authority OIG
Agency Wide
Yes (agency-wide)
Questioned Costs
$0
Funds for Better Use
$0