The Office of Inspector General’s (OIG) work plan, updated as of November 7, 2014, indicates that the OIG’s ongoing projects include audits of the CFPB’s information security program, pay and compensation program, distribution of civil penalty funds, public consumer complaint database and headquarters renovation costs.  Such projects also include an evaluation of the CFPB’s hiring process.

Among the OIG’s planned projects are an evaluation of the processes used by the CFPB’s enforcement office for protecting confidential information and an evaluation of the CFPB’s compliance with Dodd-Frank Act requirements for issuing civil investigative demands.  The OIG also plans to conduct an audit of the CFPB’s pay and compensation system, which will include an assessment of the controls around setting employees’ pay.