Directorate of Audit Affairs and Compliance
This directorate is supervised by Jeffrey Baer and consists of the following sections:
Financial Management: Plans and develops systems of internal controls in accordance with OMB Circular No. A-123 and other requirements. Establishes and maintains a quality assurance program with these objectives: a) improve the quality, accuracy, and timeliness of financial services and reports, b) improve financial methods and procedures, c) preclude loss or misuse of resources, and d) ensure accounting and budget systems provide timely and accurate managerial information in accordance with prescribed accounting and budget principles and standards.
Audit and Compliance: Conducts external audits of railroad employers to determine whether they are properly reporting creditable service and compensation in an accurate and timely manner. The audits involve a review of the employer's payroll and tax records. Performs coverage investigations and terminations of prospective employers and employees to gather the necessary information to determine whether they should be covered under the Railroad Retirement Act (RRA) and the Railroad Unemployment Insurance Act (RUIA).