Report File
Date Issued
Submitting OIG
Department of Commerce OIG
Other Participating OIGs
Department of Commerce OIG
Agencies Reviewed/Investigated
Department of Commerce
Components
Minority Business Development Agency
Report Number
OIG-17-029-A
Report Description
This is our final audit report conducted to review Minority Business Development Agency (MBDA) grant programs as part of our annual risk-based audit plan. Our audit objective was to review the adequacy of MBDA’s management of its cooperative agreements. Specifically, for the MBDA Business Center (MBC) program, we (1) evaluated controls over application review and award approval processes; (2) reviewed processes for monitoring performance and compliance with programmatic requirements for MBC awards; and (3) determined whether performance accomplishments reported by MBCs are supported and verified.
Report Type
Audit
Agency Wide
Yes
Number of Recommendations
9
Questioned Costs
$0
Funds for Better Use
$0
