Audit of USAID's Financial Statements for Fiscal Years 2022 and 2021

Recommendation
1

Update the methodology for reporting and posting quarterly accruals to eliminate or mitigate the human factor while increasing automation by developing a system generated accrual estimation amount for financial reporting purpose.

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Recommendation
2

Issue written guidance for Agreement Officer Representatives /Contracting Officer Representatives to contact Office of the Chief Financial Officer if they need to post an accrual over and above the amount allowed in the current Phoenix accruals system.

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0
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Recommendation
3

Update the Phoenix system security plan to include National Institute of Standards and Technology 800-53 Revision 5 controls.

Questioned Cost
0
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Recommendation
4

Perform a Security Control Assessment and use the results to update the Phoenix system security plan and create plans of action and milestones for any planned controls.

Questioned Cost
0
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Recommendation
5

Provide the results of the Phoenix Security Control Assessment and the updated system security plan to the Authorizing Official for review and approval.

Questioned Cost
0
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Recommendation
6

Review and, if needed, update the Memorandum of Understanding with the Department of State to include changes and obtain approval of the Agency officials.

Questioned Cost
0
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Recommendation
7

Review and update the Service Level Agreement with the Department of State. Additionally, USAID should implement a process to ensure that the Service Level Agreement is reviewed annually.

Questioned Cost
0
Funds for Better Use
0
Close Date