Audit Readiness Setup Tab

Use this tab to set the audit readiness criteria, and allow procurement/compliance managers to define the rules, thresholds, and monitoring settings to enforce to check for Contractor Purchasing System Review (CPSR) audit readiness review.

Contents

Field	Description
Audit Lookback Period (Months)	Select this checkbox and include the number of months the system will consider when identifying purchase orders for inclusion in the audit readiness review.
Confidence Level	Select this checkbox and include the confidence level required for a purchase order to be considered audit ready. The passing score represents the minimum total points a PO must achieve based on the active criteria.
Voucher/Receipt Cost	Select this checkbox and include the cost as a factor when evaluating audit readiness.
FAR Clause	Select this checkbox and include the FAR Clause as part of the audit readiness scoring criteria.
Vendor Exclusion	Select this checkbox and if vendors on the exclusion list should be considered as part of the audit readiness scoring criteria.
DPAS Rating	Select this checkbox and include DPAS rating as a factor when evaluating audit readiness.
Requisition	Select this checkbox and include requisition as a factor when evaluating audit readiness.
Request for Quote	Select this checkbox and include request for quote as a factor when evaluating audit readiness.
Awarded Quote	Select this checkbox and include awarded quote as a factor when evaluating audit readiness.
Awarded Quote Reason	Select this checkbox and include awarded quote reason as a factor when evaluating audit readiness.
Procurement Type	Select this checkbox and include procurement type as a factor when evaluating audit readiness.
Contract Type	Select this checkbox and include contract type as a factor when evaluating audit readiness.
NAICS Code	Select this checkbox and include NAICS Code as a factor when evaluating audit readiness.
Business Size	Select this checkbox and include business size as a factor when evaluating audit readiness.