FINANCIAL MANAGEMENT: Audit of Treasury’s Compliance with the PIIA Requirements for Fiscal Year 2023

Submitting OIG:

Date Issued:

Wednesday, May 29, 2024

Agency Reviewed / Investigated:

Submitting OIG-Specific Report Number:

OIG-24-029

Component, if applicable:

Departmental Offices

Location(s):

Agency-Wide

Type of Report:

Audit

Questioned Costs:

Funds for Better Use:

Number of Recommendations:

Report updated under NDAA 5274:

View Document:

Attachment	Size
OIG-24-029-508-Secured.pdf	5.1 MB

Related Open Recommendations

Recommendation Number	Recommendation Status	Significant Recommendation
1-1	Open	Yes
Treasury’s Risk and Control Group (RCG) work with OCA management to consider all information available when answering risk assessment questions to ensure adequate completion and conclusion of susceptibility for these program-specific risk assessments.
2-1	Open	Yes
Treasury’s RCG require OCA management to conduct and provide an updated analysis and justification memo that takes into consideration known and likely improper payments made to recipients at all levels as reflected in audits and other information, that might impact its conclusion on whether payment recapture audits are cost-effective for its pandemic relief programs.