Skip to main content
Report File
Date Issued
Submitting OIG
Department of Justice OIG
Other Participating OIGs
Department of Justice OIG
Agencies Reviewed/Investigated
Department of Justice
Components
Other DOJ Components
Report Number
24-018
Report Type
Audit
Agency Wide
Yes
Number of Recommendations
5
Questioned Costs
$0
Funds for Better Use
$0
Report updated under NDAA 5274
No

Open Recommendations

This report has 3 open recommendations.
Recommendation Number Significant Recommendation Recommended Questioned Costs Recommended Funds for Better Use Additional Details
1 No $0 $0 Status as of February 28, 2025

Finalize and implement its Asset Forfeiture Financial Management Guide to reinforce the accounting requirements for AFP participants to adhere to timely and accurate data input to the AFP asset system, including forfeiture decisions that directly impact the recognition of revenue, and the accounting requirements for the reporting of transactions in Note 7,Forfeited and Seized Property, Net. In addition, management should more clearly define the investigative action that should be used as the seizure date for purposes of actual or constructive custody and valuation of seized property. (Updated)

4 No $0 $0 Status as of February 28, 2025

Formally document the evaluation results of the out-of-period seizure analysis to include a consideration of materiality and the impact on the current and prior period financial statements. (Updated)

5 No $0 $0 Status as of February 28, 2025

Re-evaluate aged seized digital assets to consider whether risks of misstatement related to accurate valuation, existence, and ownership of assets have been adequately addressed considering the evolving nature of digital asset seizures. Based on the results of the evaluation, design and implement processes, procedures, and controls to appropriately account for aged digital assets. (New)

Department of Justice OIG

United States