Why We Did This Audit
The Payment Integrity Information Act of 2019 (PIIA) aims to improve efforts to identify and reduce government-wide improper payments. Agencies are required to identify and review all programs and activities they administer that may be susceptible to significant improper payments based on guidance provided by the Office of Management and Budget. USAID OIG contracted with the independent certified public accounting firm RMA Associates LLC (RMA) to review the Millennium Challenge Corporation’s (MCC) compliance with PIIA in fiscal year (FY) 2025.
What We Found
RMA concluded that MCC complied with PIIA for FY 2025. The firm noted that MCC performed risk assessments in FY 2023 using criteria defined by OMB and conformed to this guidance for preventing and reducing improper and unknown payments. Further, RMA found that MCC completely and accurately reported payment recapture information on PaymentAccuracy.gov.
Why It Matters
Compliance with PIIA requirements improves efforts to identify and reduce government-wide improper payments.