Assessment of MCC’s Charge Card Programs Showed Low Risk of Improper Purchases and Payments in FY2022

Assessment of MCC’s Charge Card Programs Showed Low Risk of Improper Purchases and Payments in FY 2022 (0-MCC-23-007-C)

Why We Did This

• OIG performs an annual risk assessment of MCC’s charge card programs pursuant to the Government Charge Card Abuse Prevention Act of 2012 (Public Law 112-194, Charge Card Act).
• We contracted with the independent certified public accounting firm of RMA Associates LLC (RMA) to conduct the assessment in accordance with the Charge Card Act, OMB Circular No. A-123 “Appendix B”, and the Council of the Inspectors General on Integrity and Efficiency Quality Standards for Inspection and Evaluation.
• The objective was to assess the risks of illegal, improper, or erroneous purchases and payments in MCC’s FY2022 charge card programs and determine the necessity of an audit.

What We Found

• RMA concluded that the overall risk of MCC’s charge card programs is low, and that an audit is not warranted.
• In carrying out our oversight responsibilities, we found no instances in which RMA did not comply, in all material respects, with applicable standards.

Why It Matters

• The Charge Card Act was enacted to prevent fraud, delinquency, or misuse that may exist in a federal agency’s charge card program.
• Our report does not include recommendations.