Assessment of MCC’s Charge Card Programs Showed Low Risk of Improper Purchases and Payments in FY 2021

Audit Report
Report Number
0-MCC-22-016-C

 

Public Law 112-194, The Government Charge Card Abuse Prevention Act of 2012 (the Charge Card Act), requires OIGs to conduct periodic risk assessments of agency charge card programs to assess the risk of illegal, improper, or erroneous purchases and payments.  We contracted with the independent certified public accounting firm of RMA Associates LLC to conduct a risk assessment of MCC’s charge card program for fiscal year 2021.  The firm concluded that the overall risk was low and that the results did not warrant an audit.  However, we made four recommendations to help strengthen MCC charge card program controls, policies, and compliance with laws and regulations.

0-MCC-22-016-C.pdf1.09 MB

Recommendations

Recommendation
1

Revise the charge card management policy to include a metrics and benchmarking program for its government charge card program as required by OMB.

Questioned Cost
0
Funds for Better Use
0
Close Date
Recommendation
2

Develop a reminder for travelers to enforce the existing travel voucher (TV) submission process to facilitate the timely submission of TVs for the Individually Billed Accounts and individual expenses in the Central Bill Accounts.

Questioned Cost
0
Funds for Better Use
0
Close Date
Recommendation
3

Document consideration of charge card program risk in relation to the annual OMB A-123 Enterprise Risk Management process.

Questioned Cost
0
Funds for Better Use
0
Close Date
Recommendation
4

Update the charge card management policy to include a requirement for an annual review to ensure compliance with any changes in legislation and guidance issued by OMB or other statutory authority.

Questioned Cost
0
Funds for Better Use
0
Close Date