Commodity Credit Corporation's Financial Statements for Fiscal Years 2015 and 2014

Submitting OIG:

Date Issued:

Tuesday, February 23, 2016

Agency Reviewed / Investigated:

Submitting OIG-Specific Report Number:

06401-0005-11

Component, if applicable:

Commodity Credit Corporation

Location(s):

Agency-Wide

Type of Report:

Audit

Questioned Costs:

Funds for Better Use:

Number of Recommendations:

View Document:

Attachment	Size
06401-0005-11.pdf	4.72 MB

Related Open Recommendations

Recommendation Number	Recommendation Status	Significant Recommendation
16	Open	Yes
Accounting for Recoveries of Prior Year Unpaid Obligations and Obligations - Implement the necessary functionality within the financial management systems to automatically deobligate undelivered orders at the time of payment.
18	Open	Yes
Funds Control - Continue the implementation of automated funds control of all obligations and expenditures at the transaction level within the core financial system. Further, implement necessary compensating controls until such automated controls are fully implemented.
19	Open	Yes
We recommend that management implement the recommendations presented in Exhibit I, to resolve the instances of noncompliance with FFMIA.