The VA Office of Inspector General (OIG) completed a desk review of the single audit reporting package for the United States Veterans Initiative and Subsidiaries (U.S. VETS) for the year that ended June 30, 2024. The OIG performed this desk review consistent with its duties and responsibilities under the Inspector General Act, as amended, 5 U.S.C. § 404, with the objective of determining whether the single audit reporting package complied with the reporting requirements of the Uniform Guidance.
Based on the OIG team’s review, the rating for the reporting package is “pass with deficiencies"—meaning there are quality deficiencies that should be brought to the attention of the auditor (and auditee, when appropriate) for correction in future audits. The OIG does not express an opinion on the quality of the audit work performed or on the accuracy of the single audit reporting package.
Namely, the OIG team found that the U.S. VETS’ Schedule of Expenditures of Federal and Non-Federal Awards did not fully comply with reporting requirements, because it did not provide totals by individual federal programs and the associated assistance listing numbers, as required.
The OIG is providing a copy of this memorandum to VA officials, federal agencies with direct expenditures listed on the Schedule of Expenditures of Federal and Non-Federal Awards, and Armanino LLP (the firm that conducted the single audit) to inform them of the results of this desk review.
