We contracted with the independent certified public accounting firm of Williams, Adley & Company-DC LLP to conduct an audit of the Inter-American Foundation’s (IAF’s) compliance in fiscal year 2021 with the Digital Accountability and Transparency Act of 2014. The audit firm concluded that IAF complied with the requirements of the DATA Act and the data reported for first quarter of fiscal year 2021 for publication on USAspending.gov were complete, timely, accurate, and of higher quality. We made four recommendations to help strengthen IAF’s internal controls over its DATA Act reporting.
IAF Complied in Fiscal Year 2021 With the Digital Accountability and Transparency Act of 2014
Develop and maintain a DQP that meets the requirements of OMB Circular A-123
Develop and implement a plan to ensure the Senior Accountable Official bases certification on consideration of the Data Quality Plan and internal controls documented in the plan.
Improve controls over its financial assistance award recording process to ensure timely reporting
Distribute guidance to individuals recording grant information regarding the proper definition of Action Date per the DAIMS.