Office of the Inspector General

In accordance with the Florida Inspector General’s Act (Section 20.055, Florida Statutes), the Office of Inspector General (OIG) serves as a central point for coordination of and responsibility for activities that promote accountability, integrity, and efficiency in the Office of Financial Regulation (OFR). The responsibilities of the OIG include:

  • Advise in the development of performance measures, standards, and procedures;
  • Assess the reliability and validity of the information provided by the OFR on performance measures and standards, and make recommendations for improvement;
  • Review actions taken by the OFR to improve program performance, meet program standards, and make recommendations for improvement, if necessary;
  • Provide direction for, supervise, and coordinate audits, management reviews and other accountability activities relating to programs and operations of the OFR;
  • Conduct, supervise, or coordinate other activities carried out or financed by the OFR for the purpose of promoting economy and efficiency;
  • Keep the Commissioner informed concerning fraud, abuses, and deficiencies relating to the OFR programs and operations and recommend corrective action concerning fraud, abuses, and deficiencies, and report on the progress made in implementing corrective action;
  • Ensure effective coordination and cooperation between the Auditor General staff, federal auditors, and other government bodies with a view to avoiding duplication; and,
  • Review, as appropriate, rules relating to the programs and operations of the OFR and make recommendations concerning their impact.

We conduct audits, investigations, and other accountability activities relating to the programs and operations of the agency. The OIG is composed of two sections: Audit and Investigation.

Audit

The mission of the Audit Section is to provide independent, objective assurance and consulting activities designed to add value and improve the OFR’s operations. Internal audit helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve effectiveness of risk management, control, and governance processes. The services provided by the Audit Section are:

  • Assurance Services - an objective examination of evidence for the purpose of providing an independent assessment on risk management, control, or governance processes for the organization. Examples may include financial, performance, and compliance.
  • Consulting Services - an advisory and related client service activity of which the nature and scope are agreed upon with the client and which are intended to add value and improve the governance, risk management, and control processes without the internal auditor assuming management responsibility. Examples may include counsel, advice, facilitation, and training.

The audit section also reviews the control processes designed by management to assure the reliability and integrity of information, compliance with policies and regulations, safeguarding of assets, economical and efficient use of resources and achievement of established operational goals and objectives. Office of Inspector General Internal Audit Charter

Investigations

The mission of Investigation Section is to detect, deter, prevent, and eradicate fraud, waste, mismanagement, misconduct, and other abuses in the OFR. This includes investigations pursuant to the Whistle-blower’s Act (Section 112.3187-112.31895, Florida Statutes).

Standards

Audit and investigations are conducted in accordance with the following applicable standards:

  • Association of Inspectors General Principles and Standards for Office of Inspector General
  • Institute of Internal Auditor’s Mandatory Guidance which includes:
    • Core Principles for the Professional Practice of Internal Auditing;
    • Code of Ethics;
    • International Standards for the Professional Practice of Internal Auditing (Red Book); and,
    • Definition of Internal Auditing.
  • Commission for Florida Law Enforcement Accreditation Inc.’s Inspectors General Standards.

Additional Information: