To ensure that findings and conclusions resulting from the reviews of balancing accounts are appropriate, complete, and supported, Ratepayer Advocates should, within six months, develop a document retention policy for all documents related to, among other things, balancing account reviews for a minimum of three years after the completion of these reviews.
Ratepayer Advocates did not provide its one-year response to this recommendation.
Although Ratepayer Advocates provided an audit guide as support that it has implemented this recommendation, it did not provide its one-year response to this recommendation. Based on our review of the audit guide, Ratepayer Advocates' audit guide addresses document retention for all documents related to balancing account reviews for a minimum of three years after the completion of the reviews.
This has been implemented as part of the audit guide.
Ratepayer Advocates did not provide the audit guide it references to substantiate its claim of full implementation.
These recommended elements will be part of the audit guide that ORA is creating.
†Response Type refers to the interval in which the auditee is providing the State Auditor with their status in implementing recommendations made in an audit report. Auditees must submit a response regarding their progress in implementing recommendations from our reports at three intervals from the release of the report: 60 days, six months, and one year or subsequent to one year.
*Agency responses received after June 2013 are posted verbatim.