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Current as of July 1, 2024

Work Plan

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Work Plan:


The Work Plan presents the audits and evaluations that we are conducting to assist the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau in fulfilling their respective missions. Our statutory mandates are our highest priority, and with our remaining resources, we focus on those programs and operations in which potential deficiencies pose the highest risk to the Board and the CFPB in achieving their strategic goals, objectives, and priorities; meeting budgetary and financial commitments; and complying with applicable laws, regulations, and guidance.

The Work Plan is updated quarterly. Each project is categorized as initiated, in development, or planned.

  • Initiated: The project is underway; the description of the project includes the calendar quarter in which we expect to complete the project.
  • In development: The project team is determining the project's scope and completion date.
  • Planned: The project is conceptual and may not be undertaken.

Each quarter, projects that are new or have been updated, postponed, canceled, terminated, suspended, or issued as reports are marked as such. For a list of issued reports, please view the Audit Reports page on our website.

We also label the work we are conducting that is related to the Board's and the CFPB's COVID-19 pandemic response activities. This Pandemic Response Oversight label appears below the project title, or below the completion quarter for initiated projects.

We may be required to perform unanticipated work based on congressional or agency requests, sector- or industry-specific events, OIG Hotline complaints, new statutory mandates, or other inputs. In addition, our findings on completed projects may cause us to reassess our audit plan and prioritize new work. Such work, as well as resource constraints, may result in our deferring, canceling, or modifying projects. Agility is key to our effectiveness.

For congressional, media, or other inquiries, please email [email protected].