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CFPB Report: 2013-AE-C-011 August 26, 2013

Opportunities Exist to Enhance the CFPB's Policies, Procedures, and Monitoring Activities for Conferences

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Appendix B: Summary of Agency-Sponsored and Nonsponsored Conferences Identified and Reviewed

Table B-1: CFPB Conference Population and Sample Size, January 1, 2011, through September 30, 2012
  Population Sample
Acquisition approach Number of conferences identifieda Cost Number of conferences reviewed Cost
Treasury DO 23 $113,023 9 $85,946
BPD ARC 9 $122,670 7 $111,640
Office of Procurement 1 $5,187 1 $5,187
Purchase cards 111 $156,844 31b  $71,726
Total 144 $397,724 48 $274,499

Note: We compiled the population for the January 1, 2011, through September 30, 2012, time frame from information provided by the CFPB. We could not conduct completeness testing for confirmation of the number of conferences and the corresponding amounts reported by the CFPB because the agency does not have a central tracking mechanism.

  • a Twenty-five conferences were agency-sponsored, and 119 were nonsponsored conferences attended by CFPB employees.  Return to text
  • b For our review of purchase cards, we sampled transactions within the 31 conferences selected. We did not review the total cost for these conferences.  Return to text