£ < i ? U.S. Environmental Protection Agency Office of Inspector General At a Glance 08-1-0149 May 5, 2008 Catalyst for Improving the Environment Why We Did This Audit The Pesticide Registration Improvement Act (PRIA) requires that we perform an annual audit of the Pesticide Registration Fund (known as the PRIA Fund) financial statements. Background To expedite the registration of certain pesticides, Congress authorized the U.S. Environmental Protection Agency (EPA) to assess and collect pesticide registration fees. The fees collected are deposited into the PRIA Fund. The Agency is required to prepare financial statements that present financial information about the PRIA Fund. PRIA also requires the establishment of decision time review periods for pesticide registration actions, and requires the Office of Inspector General to perform an analysis of the Agency's compliance with those review periods. Fiscal Year 2007 and 2006 Financial Statements for the Pesticide Registration Fund PRIA Receives an Unqualified Opinion We rendered an unqualified, or clean, opinion on EPA's Pesticide Registration Fund Financial Statements for Fiscal Years 2007 and 2006, meaning that they were fairly presented and free of material misstatement. Compliance with Decision Time Review Periods The Agency was in substantial compliance with the statutory decision time frames. Agency Comments The Office of the Chief Financial Officer and the Office of Prevention, Pesticides, and Toxic Substances had no comments on the draft report. For further information, contact our Office of Congressional and Public Liaison at (202) 566-2391. To view the full report, click on the following link: www.epa.qov/oiq/reports/2008/ 20080505-08-1-0149.pdf ------- |