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Abbreviation
DFCOIG
Agencies
U.S. International Development Finance Corporation
Federal Agency
Yes
Location

United States

DFC Can Improve Oversight of Renewable Energy and Financing Projects in India

2024
DFC-24-002-C
Audit
U.S. Development Finance Corporation OIG
U.S. International Development Finance Corporation

The U.S. International Development Finance Corporation (DFC), Office of Inspector General (OIG) contracted with an independent public accounting firm to conduct a congressionally requested audit of DFC’s renewable energy and financing projects. The U.S. House of Representatives Committee on...

Audit of DFC's FYs 2023 and 2022 Consolidated Financial Statements

2024
DFC-24-003-C
Audit
U.S. Development Finance Corporation OIG
U.S. International Development Finance Corporation

DFC OIG contracted with the independent public accounting firm RMA Associates, LLC (RMA) to audit the consolidated financial statements of the United States International Development Finance Corporation (DFC) for the fiscal years ended September 30, 2023 and 2022, report oninternal control over...

Top Management Challenges Facing DFC in FY 2024

2024
Top Management Challenges
U.S. Development Finance Corporation OIG
U.S. International Development Finance Corporation

Recent DFC OIG audits and investigations have revealed four Top Management Challenges (TMCs) facing DFC in FY 2024. These challenges are similar to the TMCs identified in FY 2023, which is not surprising because DFC is a relatively new and evolving organization. Indeed, we expect these challenges to...

DFC Compliance with FISMA in FY 2023

2024
DFC-24-001-C
Audit
U.S. Development Finance Corporation OIG
U.S. International Development Finance Corporation

The U.S. International Development Finance Corporation Office of Inspector General (OIG) contracted with the independent public accounting firm RMA Associates, LLC (RMA) to conduct the Federal Information Security Modernization Act of 2014 (FISMA) audit of the United States International Development...

DFC OIG Semiannual Report to Congress April 1, 2023 - September 30, 2023

2023
Semiannual Report
U.S. Development Finance Corporation OIG
U.S. International Development Finance Corporation

U.S. International Development Finance Corporation (DFC), Office of Inspector General’s (OIG) Semiannual Report to Congress for the reporting period of April 1, 2023, through September 30, 2023, in accordance with the Inspector General Act of 1978, as amended (IG Act).

Audit of DFC's FY 2022 Consolidated Financial Statements

2023
DFC-23-002-C
Audit
U.S. Development Finance Corporation OIG
U.S. International Development Finance Corporation

OIG contracted RMA to audit DFC’s consolidated financial statements for the fiscal year ended September 30, 2022, report on internal control over financial reporting, and report on compliance with laws and other matters. The audit was performed in accordance with U.S. generally accepted auditing...

DFC Compliance with the Payment Integrity Information Act of 2019 in FY 2022

2023
DFC-23-004-C
Audit
U.S. Development Finance Corporation OIG
U.S. International Development Finance Corporation

The U.S. International Development Finance Corporation Office of Inspector General (DFC OIG) contracted with RMA Associates, LLC (RMA) to conduct a review of DFC’s compliance with Payment Integrity Information Act of 2019 (PIIA) for fiscal year (FY) ending September 30, 2022. The review was...

DFC Implemented an Effective Charge Card Program in FY 2022

2023
DFC-23-003-C
Audit
U.S. Development Finance Corporation OIG
U.S. International Development Finance Corporation

The U.S. International Development Finance Corporation Office of Inspector General (OIG) contracted with the independent public accounting firm RMA Associates, LLC (RMA) to audit DFC’s charge card program in accordance with Government Charge Card Abuse Prevention Actof 2012 (Charge Card Act). The...

DFC OIG Semiannual Report to Congress October 1, 2022 - March 31, 2023

2023
Semiannual Report
U.S. Development Finance Corporation OIG
U.S. International Development Finance Corporation

The U.S. International Development Finance Corporation (DFC), Office of Inspector General (OIG) Spring 2023 Semiannual Report to Congress (SARC) for the reporting period, October 1, 2022 through March 31, 2023. This report was submitted in accordance with the requirements of Section 5 of the...

Key Considerations to Inform DFC's Response in Ukraine

2023
DFC-23-001-MA
Other
U.S. Development Finance Corporation OIG
U.S. International Development Finance Corporation

This management advisory highlights key considerations for DFC’s evolving response to the war in Ukraine. DFC remains responsible for safeguarding the funds entrusted to it by Congress and the American taxpayers, while also being timely and flexible in its efforts to assist Ukraine. Continued due...

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