FINAL REPORT OF THE CHIEF OF THE AUDIT STAFF

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80B01676R003400110006-9
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 3
• Document Creation Date: December 21, 2016
• Document Release Date: January 6, 2009
• Sequence Number: 6
• Publication Date: May 31, 1960
• Content Type: MF

Approved For Release 2009/01/06: CIA-RDP80BO1676R003400110006-9 a, e 4,
31 May 1960
M IORANDUM FOR: Director of Central Intelligence
THROUGH : Deputy Director (Support) 1 JUN 1960
SUBJECT : Final Report of the Chief of the Audit Staff
1. This is the final report of the undersigned as Chief of the Audit
Staff. It is a brief summary highlighting those features of the audit pro-
gram which, when supplemented by the duties of the Inspector General,
General Counsel, and the Management Staff has provided the Agency with audit
and review facilities equivalent to those furnished other departments of
the Government by the General Accounting Office.
2. By the provisions of the Chief, Audit Staff, is responsible
for the independent audit of all matters relating to the receipt, disburse-
ment, and application of funds and assets available to the Central Intelli-
gence Agency. Further, any matters not acted upon to the satisfaction of
the Chief, Audit Staff, may be referred to the Director for final solution.
The broad authority thus assigned has resulted in an independent audit of
accounts pertaining to Agency assets which has never been successfully
challenged. Any items contained in audit reports that may have been ques-
tioned and which could not be settled to the satisfaction of the Chief,
Audit Staff, by discussion with the interested division, station, or activity
chief have been brought to the attention of the Deputy Director (Plans)or
the Deputy Director (Support) and properly resolved.
3. The type of audit performed by the Staff is the selective compre-
hensive type similar to that performed by public and internal accountants in
industry and by the General Accounting Office and is in accordance with the
recommendation of the Hoover Committee for Improvements in Goverment
Accounting. Audits are made at the site of operations, and findings and
recommendations for corrections are discussed with the chief of the activity
concerned while the auditor is at the site. Copies of the report are for-
warded to Headquarters for information of the interested division and for such
action as may be deemed appropriate. We believe the audits made and reports
thereon have been of material assistance to Management in carrying out its
functions. The audit serves two purposes: (a) the audit has been of assistance
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to supervisors by providing them pertinent information to permit of adjust-
ment of improper and careless practices and has given the chief of the
activity concerned assurance that, except for the items noted, his accounts
for periods prior to the date of the audit have been cleared and closed.
This program has been favorably commented upon by operating personnel through-
out the Agency.
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8. Please accept my thanks for the opportunity I have had to serve the
Central Intelligence Agency in the performance of its great work.
Chief, Audit Staff
Distribution:
Orig. SM - Addressee
1-DD/S
1-- hbC1
Approved For Release 2009/01/06: CIA-RDP80B01676R003400110006-9