PROJECT ANNOUNCEMENT: Risk Assessment of Millennium Challenge Corporation’s (MCC) Charge Card Programs for Fiscal Year Ended September 30, 2025

The USAID Office of Inspector General, Financial Audits Division, is initiating a risk assessment of MCC’s charge card programs for the fiscal year ended September 30, 2025. The engagement objective is to assess risks of illegal, improper, or erroneous purchases and payments in MCC’s fiscal year 2025 charge card programs. 

PROJECT ANNOUNCEMENT: Audit of USAID’s Financial Statements, Internal Controls, and Compliance for the Fiscal Year Ending September 30, 2026

The USAID Office of Inspector General, Financial Audits Division, is initiating an audit of USAID’s financial statements, internal controls over financial reporting, and compliance for the fiscal year ending September 30, 2026.

The audit objectives are to (1) express an opinion on whether USAID’s financial statements as of September 30, 2026, were presented fairly, in all material respects; (2) evaluate USAID’s internal controls over financial reporting; and (3) determine whether USAID complied with 
applicable laws, regulations, contracts, and grant agreements.

PROJECT ANNOUNCEMENT: Evaluation of USAID’s Transfer of Foreign Assistance Award Information to the Department of State

The USAID Office of Inspector General is initiating an evaluation of USAID’s transfer of information on active foreign assistance awards to the Department of State. On July 1, 2025, the Department assumed responsibility for many of the Agency's functions and its active awards. It is critical that the Department has complete information on these awards to ensure continuity of award management and oversight. 

The evaluation objective is to determine to what extent USAID shared key information with the Department of State about selected transferred awards.