Appendix A – Audit criteria

Objective 1

To assess whether VAC had adequate controls in place to ensure entitled Veterans’ IRB for both first applications and recalculations is calculated in accordance with policy.

Criteria

1. VAC has established IRB policies for the calculation of benefits, as well as procedures that put the policies into action.
2. VAC provides employees with the necessary training, tools, and information to support the discharge of their responsibilities for the calculation of benefits.
3. Roles and responsibilities for the calculation of benefits are clear and properly communicated.

Objective 2

To assess whether VAC has adequately managed risks concerning income offsets.

Criteria

1. VAC has assessed the risks to the organization regarding income offsets.
2. VAC has responded to assessed risks concerning income offsets by implementing internal controls to reduce the risk to an acceptable level.