We’ve all heard the mantra “recycle, reuse, and reduce,” but did you know that people focus not only on what products they should buy, but also on how their purchases are packaged, shipped, and delivered?
A recent OIG white paper,...Read More
The Finance & Pricing program area consists of the Cost & Pricing and Finance directorates.
The Cost & Pricing Directorate provides value to the Postal Service and its stakeholders by auditing and reviewing the data collection systems and processes utilized to develop costing, pricing, and service performance measurements. Our directorate helps to ensure these systems and processes meet the regulatory requirements imposed by the Postal Accountability and Enhancement Act of 2006 (PAEA) for market dominant and competitive products.
The Finance Directorate's mission is to promote financial accountability and improve processes within the Postal Service. The Finance Directorate examines the efficiency and effectiveness of the Postal Service in areas of financial controls, financial reporting, financial management and other areas of financial risk to the Postal Service. Finance accomplishes its mission by:
The Financial Controls Directorate’s mission is to assess internal controls over selected financial processes and operations at Postal Service retail units. The team conducts quick response audits using data analytics, risk models, tripwires, and other methods to identify financial anomalies. These audits are designed to provide Postal Service management with timely information on the issues identified.