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Federal Reports
Report Date
Agency Reviewed / Investigated
Report Title
Type
Location
Securities and Exchange Commission
Final Management Letter - Readiness Review of the SEC's Progress Toward Compliance with the DATA Act of 2014
The Digital Accountability and Transparency Act of 2014 (the DATA Act, P.L. No. 113-101) requires that Federal agencies report financial and payment data in accordance with data standards established by the Department of Treasury (Treasury) and the Office of Management and Budget (OMB). The DATA Act also requires the Office of Inspector General (OIG) for each reporting Federal agency to submit a series of oversight reports to include, among other things, an assessment of the completeness, timeliness, quality, and accuracy of data submitted. As the agencies will not submit data in compliance with the DATA Act until May 2017, HHS OIG completed an audit readiness report progress in November 2016. Given the difficulty of defining and developing common data elements across multiple reporting areas and the volume of diverse programs administered by HHS, we determined that HHS will face challenges implementing these uniform data standards within the required time frame.
The Office of Inspector General released a report examining NASA's management of its Earth science portfolio that includes Earth-orbiting satellites used to collect information on weather, climate, and natural phenomena such as earthquakes, droughts, and wildfires.
The City of New York, NY, Implemented Policies That Did Not Always Ensure That Community Development Block Grant Disaster Recovery Funds Were Disbursed in Accordance With Its Action Plan and Federal Regulations