FINANCIAL MANAGEMENT: Audit of the Department of the Treasury's Consolidated Financial Statements for Fiscal Years 2024 and 2023

Title Full

Date Issued

Friday, November 15, 2024

Submitting OIG

Department of the Treasury OIG

Agencies Reviewed/Investigated

Department of the Treasury

Components

Departmental Offices

Report Number

OIG-25-009

Report Type

Audit

Agency Wide

Yes

Number of Recommendations

Questioned Costs

Funds for Better Use

Report updated under NDAA 5274

Yes

Open Recommendations

This report has 2 open recommendations.

Recommendation Number	Significant Recommendation	Recommended Questioned Costs	Recommended Funds for Better Use
1-1	Yes	$0	$0
Recommendations to address this significant deficiency have been separately provided to IRS management by the auditors of the IRS's financial statements. The ASM and DCFO should ensure that IRS implements corrective actions to resolve the significant deficiency at IRS.
2-1	Yes	$0	$0
Separate reports were provided to IRS management with recommendations to address noncompliance with the federal financial management system requirements. The ASM and DCFO should ensure that IRS develop and implement remediation plans outlining actions to be taken to resolve noncompliance with the federal financial management system requirements and the resources and responsible organizational units for such planned actions.