A 'Single Audit' Model for Federal Credit Unions.

Abstract

This thesis explains the basic operations of a Federal credit union, describes the role of internal auditing, reviews the internal audit function of cooperatives, and explores the potential benefits of a 'single audit' program for credit unions. An auditing model is developed with subprograms to review fiscal administration, property management, procurement, personnel, and the operational activities of a Federal credit union. The model contains preferred practices of the National Credit Union Administration and key control points to be verified by the internal auditor. A segment of the model is utilized in a management audit of a local cooperative to test its usefulness and flexibility. Conclusions and recommendations are then provided on the case for a 'single audit' model as well as testing and evaluation procedures for the model to ensure enhancement of the internal audit function in Federal credit unions. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1981
Accession Number
ADA104131

Entities

People

  • Richard Dale Allen

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Accounting
  • Business Administration
  • California
  • Contracts
  • Control Systems
  • Employment
  • Inventory
  • Law
  • Management Personnel
  • Money
  • Organizational Structure
  • Personnel Management
  • Procurement
  • Revenue
  • Test And Evaluation
  • United States
  • United States Government

Readers

  • Computational Modeling and Simulation
  • Defense Financial Management and Audit.
  • Government and Public Administration Law.