state of new jersey report on audit compliance new jersey motor vehicle commission
TRANSCRIPT
State Of New Jersey Report On Audit
Compliance
New JerseyMotor Vehicle Commission
New JerseyMotor Vehicle Commission
New JerseyMotor Vehicle Commission
Key Elements of the DRC issued order were:
Performing the minimum number of required audits as stipulated under A310 and A320 for calendar year 2012 and 2013.
New JerseyMotor Vehicle Commission
Key Elements of the DRC issued order were:
Performing the minimum number of required audits as stipulated under A310 and A320 for calendar year 2012 and 2013.
Performing audits in a number that is equal to the audit shortfall during the period of calendar years 2009 – 2013.
New JerseyMotor Vehicle Commission
Key Elements of the DRC issued order were:
Performing the minimum number of required audits as stipulated under A310 and A320 for calendar year 2012 and 2013.
Performing audits in a number that is equal to the audit shortfall during the period of calendar years 2009 – 2013.
Moving the peer review that would normally be performed in Nov/Dec 2014 up to Jan/ Feb of 2014.
New JerseyMotor Vehicle Commission
New JerseyMotor Vehicle Commission
New JerseyMotor Vehicle Commission
New JerseyMotor Vehicle Commission
New JerseyMotor Vehicle Commission
CALENDAR YEAR
QUOTA ACTUAL
HIGH MILEAGE
LOW MILEAGE
TOTALHIGH
MILEAGELOW
MILEAGETOTAL
2011 81 49 324 29 31 103
2012 74 44 294 65 68 227
2013 (as of July 31)
42 26 168 44 52 188
New JerseyMotor Vehicle Commission
CALENDAR YEAR
QUOTA ACTUAL
HIGH MILEAGE
LOW MILEAGE
TOTALHIGH
MILEAGELOW
MILEAGETOTAL
2011 81 49 324 29 31 103
2012 74 44 294 65 68 227
2013 (as of July 31)
42 26 168 44 52 188
Projected 2013
72 44 288 90 90 350
New JerseyMotor Vehicle Commission
Challenges Obtaining funding and hiring staff took
much longer than expected.
New JerseyMotor Vehicle Commission
Challenges Obtaining funding and hiring staff took much
longer than expected. The accounting firm and MVC auditors
underestimated the learning curve.
New JerseyMotor Vehicle Commission
Challenges Obtaining funding and hiring staff took much
longer than expected. The accounting firm and MVC auditors
underestimated the learning curve. The original 8 MVC auditors diverted from
IFTA audits in order to: train new both the hires and the vendor’s
auditors. review audits completed by the new hires & the
vendor. Manage the activities of the accounting temps.
New JerseyMotor Vehicle Commission
Challenges Obtaining funding and hiring staff took much
longer than expected. The accounting firm and MVC auditors
underestimated the learning curve. The original 8 MVC auditors diverted from
IFTA audits in order to: train new both the hires and the vendor’s
auditors. review audits completed by the new hires & the
vendor. Manage the activities of the accounting temps.
Hurricane SandyNew JerseyMotor Vehicle Commission
On the Plus Side
Implemented Mail – In audits
New JerseyMotor Vehicle Commission
On the Plus Side
Implemented Mail – In audits
Accounting Temps exceeded expectations
New JerseyMotor Vehicle Commission
Summary of Actions Taken Increased the number of MVC auditors.
End of 2012 As of TodayNo audit supervisor 1 audit supervisor 6 auditors 7 auditors2 auditor trainees 7 auditor trainees 1 clerical assistant
New JerseyMotor Vehicle Commission
Summary of Actions Taken Increased the number of MVC auditors.
End of 2012 As of TodayNo audit supervisor 1 audit supervisor 6 auditors 7 auditors2 auditor trainees 7 auditor trainees 1 clerical assistant
Engaged an accounting firm in Oct ’12.New JerseyMotor Vehicle Commission
Summary of Actions Taken Increased the number of MVC auditors.
End of 2012 As of TodayNo audit supervisor 1 audit supervisor 6 auditors 7 auditors2 auditor trainees 7 auditor trainees 1 clerical assistant
Engaged an accounting firm in Oct ‘12. Hired 6 accounting temps in Oct ’12.
New JerseyMotor Vehicle Commission
Summary of Actions Taken Increased the number of MVC auditors.
End of 2012 As of TodayNo audit supervisor 1 audit supervisor 6 auditors 7 auditors2 auditor trainees 7 auditor trainees 1 clerical assistant
Engaged an accounting firm in Oct ‘12. Hired 6 accounting temps in Oct ‘12. Implemented Mail-In audits for low and
medium mileage customers. New JerseyMotor Vehicle Commission
What Questions Do You Have
?New JerseyMotor Vehicle Commission