Management Letter for the Audit of the Treasury Forfeiture Fund's Financial Statements for Fiscal Year 2025

Title Full

OIG-26-013 FINANCIAL STATEMENT: Management Letter for the Audit of the Treasury Forfeiture Fund's Financial Statements for Fiscal Year 2025

Date Issued

Friday, January 23, 2026

Submitting OIG

Department of the Treasury OIG

Agencies Reviewed/Investigated

Department of the Treasury

Report Number

OIG-26-013

Report Type

Audit

Agency Wide

Yes

Number of Recommendations

Questioned Costs

Funds for Better Use

Report updated under NDAA 5274

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
The IPA recommended that TFF Management strengthen internal controls to ensure the accuracy and reliability of the reported information as it relates to the forfeited and seized property procedures such as increasing the frequency of the controls to be executed or implementing new controls.
1-2	Yes	$0	$0
The IPA recommended that TFF Management strengthen the contractor oversight program by establishing a formal schedule for reviewing contractor activities, including periodic reconciliations and independent data verifications of contractor-reported information and ensure that all discrepancies are promptly investigated, resolved, and tracked to closure.