Audit of USAID’s Financial Statements for Fiscal Years 2016 and 2015

Recommendations

Recommendation 1

The Office of the Chief Financial Officer resolve all unexplained differences between USAID's Fund Balance With Treasury account and the Department of the Treasury by December 31, 2016, and institutionalize the monthly reconciliation of the Fund Balance With Treasury account.

Questioned Cost:
$0
Recommendation 2

The Office of the Chief Financial Officer implement a quality assurance program to validate the quarterly information that missions submit.

Questioned Cost:
$0
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Recommendation 3

The Office of the Chief Financial Officer implement a plan to immediately investigate all potential funds control violations reported as of September 30, 2016, and resolve them by June 30, 2017.

Questioned Cost:
$0
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Recommendation 4

The Office of the Chief Financial Officer enhance its policies and procedures to evaluate potential funds control violations so that they are investigated and resolved promptly.

Questioned Cost:
$0
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