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… Financial Management Improvement Act of 1996; and there is a significant deficiency related to SBA’s information …

… were no material weaknesses in internal control; there is a significant deficiency related to monitoring controls over the Secondary Market Guaranty Program; there is also a significant deficiency related to SBA’s information …

…  (the Guide). The independent accountants’ report presents a modified opinion on SBA’s FY 2017, second quarter data … all material respects, except for accuracy, and there is a material weakness related to SBA’s controls over the …

… public accounting firm KPMG LLP (KPMG) to perform a performance audit as required by the Digital Accountability … implement. Office of Inspector General Effective: November 7, 2019 | File size: 715KB | Download .pdf for / November 7, 2019 Related programs: Agency Management Activity …

… Report on SBA’s FY 2019 Financial Statements This is a report of findings pertaining to an audit SBA’s … is needed in SBA’s risk assessment processes; there is a significant deficiency related to disaster loan processing controls; and there is also a significant deficiency related to SBA’s information …

… public accounting firm KPMG LLP (KPMG) to perform a performance audit as required by the Improper Payments …

… obtain sufficient, appropriate audit evidence to provide a basis for an audit opinion on SBA’s consolidated financial … year ended September 30, 2020. Accordingly, KPMG issued a disclaimer of opinion on the consolidated financial … unable to provide adequate evidential matter in support of a significant number of transactions and account balances …

… certified public accounting firm KPMG LLP to conduct a performance audit, as required by the Act. The objectives …

… obtain sufficient, appropriate audit evidence to provide a basis for an audit opinion on SBA’s consolidated financial … year ended September 30, 2021. Accordingly, KPMG issued a disclaimer of opinion on the consolidated financial … unable to provide adequate evidential matter in support of a significant number of transactions and account balances …

… demonstrate improvement to payment integrity or develop a plan to meet the improper payment and unknown payment … target, and  the Disaster Direct Loan Program reported a gross improper payments and unknown payments rate exceeding …

… sufficient and appropriate audit evidence to provide a basis for an audit opinion on SBA’s balance sheet as of September 30, 2022. Accordingly, KPMG issued a disclaimer of opinion on the consolidated balance sheets as … unable to provide adequate evidential matter in support of a significant number of transactions and account balances …

… certified public accounting firm KPMG LLP to conduct a performance audit of SBA’s Fiscal Year (FY) 2022 compliance … Operators Grant, and the payments for covered loans in the 7(a) and 504 Certified Development Company loan guaranty … did not demonstrate improvements to payment integrity for 7(a) loan guaranty purchases because the improper payment …

… sufficient and appropriate audit evidence to provide a basis for an audit opinion on SBA’s balance sheet as of September 30, 2023. Accordingly, KPMG issued a disclaimer of opinion on the consolidated balance sheets as … unable to provide adequate evidential matter in support of a significant number of transactions and account balances …

… certified public accounting firm KPMG LLP to conduct a performance audit of SBA’s fiscal year (FY) 2023 compliance … Operators Grant, and payments for covered loans in the 7(a) and 504 loan guaranty programs under the Debt Relief … Demonstrate improvements to payment integrity for 7(a) loan guaranty approvals, 7(a) loan guaranty purchases, …

… sufficient and appropriate audit evidence to provide a basis for an audit opinion on SBA’s balance sheet as of September 30, 2024. Accordingly, KPMG issued a disclaimer of opinion on the consolidated balance sheets as … unable to provide adequate evidential matter in support of a significant number of transactions and account balances …

… certified public accounting firm KPMG LLP to conduct a performance audit of SBA’s fiscal year (FY) 2024 compliance … Operators Grant and the payments for covered loans in the 7(a) and 504 loan guaranty programs under the Debt Relief … accurate improper and unknown payment estimates for the 7(a) loan guaranty purchases, disaster assistance loans, …

… Support Independent Loan Reviews play an important role in a Certified Development Company’s (CDC) internal control of … essential to effective portfolio management, and assist a CDC’s Board in carrying out its responsibility to monitor … performance on a regular basis (13 CFR § 120.823(d)(7)). SBA regulations require a CDC to have a Board-approved …

… Independent Retailer Month Is a Great Time to Start a Business June 30, 2023 July is Independent Retailer Month, a time to celebrate the important role that independent …