ATTACHMENT 2 LCATS.pdf

ATTACHMENT 2 – LABOR CATEGORIES

Personnel in labor categories or the functional equivalent in labor category (a), (b), and (i) and (j) are considered key personnel.

For purposes of IS/IT labor classifications, the IS/IT auditors/specialists in g through m above who perform routine general application control reviews as well as those who use computer assisted audit techniques are not considered in these classifications, but rather are considered in the accounting, auditing and related skills classifications as described above.

Labor Category Credentials/Certification/CPE Minimum Experience and Other Special Requirements/Responsibilities

(a) Partner/Principal/Director or equivalent title

• Licensed CPA by the appropriate state licensing authority and be in good standing with the AICPA, State Board, etc.

• At least a bachelor’s degree in accounting or business

• Met GAGAS CPE

• Partner or Principal in the Contractor’s or subcontractor’s organization

• Minimum of ten years general audit experience which includes three years federal government financial audit experience and three years auditing financial services, mortgage servicing processes.

• Responsible for the work performed, i.e.

overall project management and final report review

• Experience in US GAAP accounting standards and reporting requirements under both the Financial Accounting Standards (FASAB) and the Federal Accounting Standards Advisory Board (FASAB), including Statement or Federal Financial Accounting Standards (SFFAS) issued by FASAB.

• Performs quality reviews on all significant work products before submission to OIG Assesses consistency of reports against expectations

(b) b) Senior Manager or equivalent title

• Licensed CPA by the appropriate state licensing authority and be in good standing with the AICPA, State Board, etc.

• At least a bachelor’s degree in accounting or

• Senior Manager in the Contractors or subcontractor’s organization

• Minimum seven years general audit experience which includes three years federal government financial audit experience or three years auditing financial services processes.

• Acts as the subject matter resource for all technical issues, especially mortgage servicing industry, arising from the engagement

• Supports the core audit team on the project.

(c) Audit Manager or equivalent title

• Licensed CPA by the appropriate state licensing authority and be in good standing with the AICPA, State Board, etc.

• At least a bachelor’s degree in accounting or

• Minimum of five years general audit experience and one year of auditing financial services, mortgage servicing processes or two years federal government financial audit experience at a supervisory level.

• Responsible for reviewing audit documentation, financial statements and reports, conducting discussions with clients about the results of the work performed, directing senior and staff auditors, reviewing and approving work plans and programs, ensuring that documentation and financial statements and related reports for accuracy and completeness, following the progress of the engagement and helping resolve accounting, auditing and reporting issues as they arise.

• The Audit Manager is regularly assigned to other audit engagements in a managerial capacity.

(d) Senior Auditor or equivalent title

• At least a bachelor’s degree in accounting or

• A senior in the Contractor’s or subcontractor’s organization

• Minimum of three years general audit experience and one year federal government financial audit experience.

• Responsible for independently performing a major segment of an audit, directing the work of staff auditors, instructing them in the work to be performed, and reviewing the work done and directing revisions if necessary.

• The Senior Auditor makes decisions on all but the most unusual accounting, auditing and reporting matters and is regularly assigned to other audit engagements in the capacity of senior auditor.

(e) Staff Auditor or equivalent title • At least a bachelor’s degree in accounting or

• Responsible for performing specific audit steps under the supervision of a senior auditor. All activities of the staff auditor are supervised.

(f) Audit Specific Specialist (e.g.

actuarial, economist, etc.)

• At least a bachelor’s or advanced degree in appropriate technical field

• Have thorough knowledge and formal training in the required specific specialty

• High level of experience in applying specific specialty

• Recognized standing in the applicable field

• Responsible for providing the auditors with professional expertise in actuarial science, mathematics, statistics, economics, or other specialties that may be needed to plan, develop and present technical assistance and training to the audit team. This category includes all specific specialties needed to complete assigned tasks that are not covered by other labor categories in this contract. The use of each specific specialty is to be negotiated with the Contracting Officer within each task order.

(g) Statistician or equivalent title • At least a bachelor’s degree related to the field of specialization

• Must be a member in good standing of a recognized professional statistical association as well as have a minimum of six years of current, significant sampling experience in a government audit or program evaluation environment. Demonstrated experience preferably includes the knowledge and ability to design samples that meet the GAO Yellow book, and GAO FAM sampling requirements as well as applicable AICPA sampling auditing standards

(h) IS/IT Audit Partner or equivalent title

• At least a bachelor’s degree or advanced degree in an appropriate technical field

• Met GAGAS CPE

• Must be a Certified Information Systems Auditor (CISA) and/or be a CPA with equivalent experience such as performing general control evaluations of large systems, network security reviews, and extensive review of applications

• At least ten years technical experience is required, including IS audit process, IT governance, systems and infrastructure lifecycle management, IT service delivery and support, protection of information assets, business continuity and disaster recovery.

• This person has final authority in the conduct of engagements and full responsibility for the work performed

(i) IS/IT Senior Manager or IS/IT Audit Manager or equivalent title

• At least a bachelor’s degree or advanced degree in an appropriate technical field

• Met GAGAS CPE

• Must be a Certified Information Systems Auditor (CISA), a Certified Information System Security Professional (CISSP), or be a CPA with equivalent experience such as performing general control evaluations of large system, network security reviews and extensive review of applications

• At least five years technical experience is required including IS audit process, IT governance, systems and infrastructure lifecycle management, IT service delivery and support, protection of information assets, business continuity and disaster recovery.

(j) IS/IT Audit Senior or related title

• At least bachelor’s degree in an appropriate technical field

• Met GAGAS CPE

• At least two years of experience in IS/IT auditing.

• The IS/IT audit senior performs most assignments with a minimum of supervision, directs the work of staff auditors, instructing them in the work to be performed, reviews the work done and directs revision, if necessary and makes decisions on all but the most unusual matters. This person is regularly assigned to other engagements in the capacity of an IS/IT senior auditor.

(k) IS/IT Staff Auditor • At least bachelor’s degree in an appropriate technical field

• There are no minimum experience requirement. This person performs specific

• Met GAGAS CPE procedures under the guidance of a senior auditor. All activities of the IS/IT staff auditor are supervised.

(l) IS/IT System Software Specialist

• At least bachelor’s degree in an appropriate technical field

• Met GAGAS CPE (not required if external specialist)

• Must have at least five years of experience working with systems software in a variety of different environments, including reviews of or installation and implementation of systems software. Experience should include operating systems and access control software, and the ability to reach assembler code and related macros as part of the systems software installation and maintenance function.

Specialist should have ability to evaluate installation and implementation of systems software for potential information security exposures

(m) Senior Computer Consultant • At least bachelor’s or advanced degree in an appropriate technical field

• Met GAGAS CPE (not required if external specialist)

• Must have at least ten years of experience in computer consulting services, including such areas as system design, hardware and software evaluations, systems management, and systems implementation methods

(n) Junior Computer Consultant • At least bachelor’s or advanced degree in an appropriate technical field

• Met GAGAS CPE (not required if external specialist)

• Must have at least five years of experience in computer consulting services, including such areas as system design, hardware and software evaluations, systems management, and systems implementation methods

(o) Senior Actuary • At least bachelor’s or advanced degree in an appropriate technical field

• Met GAGAS CPE (not required if external specialist).

• Must have six (6) years of experience, or four

(4) years with advanced degree, in developing and analyzing models and associated estimates which allow assessments of historical relationships and projections of current practices or evaluation of the impact of proposed changes to the current system or models. Monitors prices, utilization, costs, and economic/demographic trends, and analyzes their implications. These analyses include calculating the economic effect. As applicable, will have supervision responsibility for Actuaries.

(p) Actuary • At least bachelor’s or advanced degree in an appropriate technical field

• Met GAGAS CPE (not required if external specialist)

• Must have four (4) years of experience assisting in the development and analysis of models and associated estimates, which allow assessments of historical relationships and projections of current practices or evaluation of the impact of proposed changes to the current system.