DHS - OIG-19-04 - 18

We recommend that USCG improve and reinforce existing policies, procedures, and related internal controls to ensure that: a. journal entries and manual adjusting entries are adequately researched, supported, and reviewed before and after recording in the general ledger; b. manual adjusting entries are recorded at the transaction level in the correct underlying general ledger systems in order to generate accurate beginning balances in each system; c. design and implement control procedures to ensure that assumptions are sufficiently reviewed on a timely basis with an appropriate level of precision, and that the results of these reviews are properly documented; and d. transactions are recorded to the accurate trading partner upon initiation; all intra-governmental balances are reconciled with trading partners; and differences are resolved in a timely manner.