The U.S. International Development Finance Corporation Office of Inspector General (OIG) contracted with the independent public accounting firm RMA Associates, LLC (RMA) to conduct a review of DFC’s compliance with Payment Integrity Information Act of 2019 (PIIA) for fiscal year (FY) ending September 30, 2024. The review was conducted in accordance with 1) the Office of Management and Budget (OMB) Memorandum M-21-19, Transmittal of Appendix C to OMB Circular A-123, Requirements for Payment Integrity Improvement and 2) OMB Circular A-136, Financial Reporting Requirements, May 30, 2024. Our review period was from February through April 2025. RMA also reviewed DFC’s risk assessment process and efforts in preventing and reducing improper payments (IPs) and unknown payments (UPs). Our objective was to determine if DFC complied with PIIA for fiscal year 2024.
Report File
Date Issued
Submitting OIG
U.S. Development Finance Corporation OIG
Agencies Reviewed/Investigated
U.S. International Development Finance Corporation
Report Number
DFC-25-003-C
Report Description
Report Type
Audit
Agency Wide
Yes
Number of Recommendations
0
Questioned Costs
$0
Funds for Better Use
$0
Report updated under NDAA 5274
No
