DFC Generally Complied with the Digital Accountability and Transparency Act in Fiscal Year 2021

The U.S. International Development Finance Corporation Office of Inspector General (DFC OIG) contracted with RMA Associates, LLC to audit DFC’s compliance with the Digital Accountability and Transparency Act (DATA Act) for the second quarter of fiscal year 2021. Our objectives were to (1) assess the completeness, accuracy, timeliness, and quality of the second quarter fiscal year 2021 financial and award data submitted by DFC for publication on USASpending.gov; and (2) assess DFC’s implementation and use of the government-wide financial data standards established by the Office of Management and Budget (OMB) and U.S. Department of the Treasury. This was our first audit of DFC’s compliance with the DATA Act.