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U.S. Environmental Protection Agency
Office of Inspector General
At a Glance
May 4, 2005
Why We Did This Review
The Food Quality Protection
Act requires that we perform
an annual audit of the
Pesticides Reregistration and
Expedited Processing Fund
(known as FIFRA) financial
The EPA is responsible for
reassessing the safety of older
pesticide registrations against
modern health and
environmental testing
standards. To expedite this
reregistration process,
Congress authorized EPA to
collect fees from pesticide
manufacturers. The fees are
deposited into the FIFRA
Fund. Each year, the Agency
prepares financial statements
that present financial
information about the Fund,
along with information about
EPA's progress in
reregistering pesticides.
For further information,
contact our Office of
Congressional and Public
Liaison at (202) 566-2391.
Catalyst for Improving the Environment
Fiscal 2004 and 2003 Financial Statements for the
Pesticides Reregistration and Expedited Processing Fund
We rendered an unqualified, or clean, opinion on EPA's Pesticides Reregistration
and Expedited Processing Fund Financial Statements for fiscal 2004 and 2003,
meaning that they were fairly presented and free of material misstatement.
Internal Control Reportable Conditions Noted
We identified the following reportable conditions:
We could not assess the adequacy of automated controls.
EPA needs to improve financial statement preparation and quality control.
Compliance with Laws and Regulations
We tested compliance with those laws and regulations that could either materially
affect the FIFRA Fund financial statements or that we considered significant to
the audit. The objective of our audit, including our tests of compliance with
applicable laws and regulations, was not to provide an opinion on overall
compliance with such provisions. Accordingly, we do not express such an
What We Recommend
We recommend that the Director, Reporting and Analysis Staff, Office of the
Chief Financial Officer: (a) ensure that products issued from the office, especially
Financial Statements, footnotes, supplemental information, and overviews, are
properly reviewed prior to release or submittal for audit; and (b) establish
milestone due dates for the FIFRA 2005 financial statement audit.
To view the full report,
click on the following link:
20050504-2005-1 -00081 .pdf