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The Program has initiated an action plan to review a sample of invoices and supporting claims for each recipient for which an audit report has not been received, for a total of 18 recipient audits. The objective is to test whether there are material errors, whether there is sufficient data to support the claim, and whether the expenses claimed are eligible from a timing and eligibility criteria point of view. The Program plans to select invoices for review either randomly or judgementally depending on the dollar amount or timeframe submitted (period before the CA was signed or after). The Program has commissioned three Audit Readiness Reports for three of the larger Carbon Capture & Storage (CCS) projects. These reports identified potential audit issues, presenting the opportunity for quick resolution, pending the completion of formal recipient audits, expected by March 31, 2012.
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