Open Recommendations
| Recommendation Number | Significant Recommendation | Recommended Questioned Costs | Recommended Funds for Better Use | Additional Details | |
|---|---|---|---|---|---|
| 1 | No | $0 | $0 | ||
| Identify key balances, such as high-risk balances or high dollar value items and ensure that supporting schedules agree with stated balances | |||||
| 10 | No | $0 | $0 | ||
| Develop a plan for completing the FY 2026 internal controls assessment and resulting assurance statements, including the timing and who is responsible for completing the assessment | |||||
| 11 | No | $0 | $0 | ||
| Perform the FY 2026 internal controls assessment and prepare the resulting assurance statements in accordance with Federal requirements and within the required due date | |||||
| 12 | No | $0 | $0 | ||
| Establish and implement a financial reporting process to ensure timely preparation of an OMB Circular A-136-compliant AMR that is appropriate for its current size, staffing levels, and mission | |||||
| 13 | No | $0 | $0 | ||
| Develop procedures to analyze systems, controls, and legal compliance to the extent necessary to prepare management's assurances related to FMFIA | |||||
| 2 | No | $0 | $0 | ||
| For material transactions that sample support cannot be located, obtain alternative evidence such as confirmations from vendors, grantees or banks | |||||
| 3 | No | $0 | $0 | ||
| Develop and document retention controls that take into consideration USADF's current structure | |||||
| 4 | No | $0 | $0 | ||
| Establish and implement a financial reporting process to ensure timely preparation of quarterly and annual financial statements in compliance with OMB Circular A-136 that is appropriate for its current size, staffing levels, and mission | |||||
| 5 | No | $0 | $0 | ||
| Determine personnel gaps in its financial reporting function and determine whether these roles can be filled by existing USADF personnel | |||||
| 6 | No | $0 | $0 | ||
| Implement monitoring mechanisms to ensure adherence to federal financial management requirements and timely corrective action for deficiencies | |||||
| 7 | No | $0 | $0 | ||
| Consider implementing alternative solutions, to provide internal control support, including FMFIA/A-123 testing and documentation updates | |||||
| 8 | No | $0 | $0 | ||
| Develop and implement a streamlined internal control and risk assessment plan focused on the drawdown of operations, prioritizing high-risk areas such as disbursements, funds held outside of treasury (FHOT), grants, and closeout procedures to maintain compliance and financial integrity | |||||
| 9 | No | $0 | $0 | ||
| Strengthen communication and accountability by issuing clear written guidance on roles and responsibilities for remaining personnel and establishing a simple escalation process for unresolved control issues | |||||