Audit of the Federal Prison Industries, Inc. Annual Financial Statements Fiscal Year 2025

Perform and document a risk assessment over the Revenue Accounting & Reporting (RAR) tool to identify risks related to the completeness and accuracy of data being pulled as inputs and the validity of the tool's calculations.

Design and implement control activities to mitigate the risks identified and to ensure all inputs are accurate and the resulting calculations are correct, in accordance with Accounting Standards Codification No. 2014-09, Revenue from Contracts with Customers (Topic 606).