The CFPB Office of Inspector General plans to wrap up two audits and one assessment of the bureau sometime during the fourth quarter, according to the OIG’s latest work plan, released early this week. First on the list is an audit of the CFPB’s distribution of funds from the civil penalty fund. “Our audit is focused on internal controls related to the administration of the civil penalty fund,” the work plan stated. “Specifically, our audit will assess the efficiency and effectiveness of the process for identifying victims.”Next is a risk assessment of the bureau’s purchase card program. “Our risk assessment of the CFPB’s purchase card program will identify and analyze the risks of illegal, improper or erroneous purchases and ...