Search

… authority under sections 4(g), 8(b)(1)(G), 5(b)(9) and 7(k)(2) of the Small Business Act (the Act).The objective of … ensure no business relationships existed that would cause a conflict of interest.  We also determined the SBA fully … District Office used its prior year BAT Funds to pay for a Jobs Act “Listening Tour” event. We concluded that the SBA …

… Guaranty Purchase Center This is the final report in a series of memorandums related to our audit of twenty-five purchased 7(a) Recovery Act loans. Report 12-11R This is the final … memorandums related to our audit of twenty-five purchased 7(a) Recovery Act loans.  Overall, material deficiencies were …

… with Community Development Block Grants In the event of a disaster, multiple Federal, State, and local agencies and … from multiple agencies for the same purpose, there is a potential for overlap in funding.  This overlap is considered a duplication of benefits.  We reviewed the Small Business …

… the risk of unallowable expenditures during Phase 1.  As a result, sub-centers of the SBDCs used $16,965 on unapproved …

… were no material weaknesses in internal control. There is a significant deficiency related to SBA’s information … in the past. KPMG noted that SBA management identified a matter that may be reported as a violation of the Antideficiency Act.  The outcome of this …

… Sharing Act of 2015 (the Cybersecurity Act).  We selected a subset of personally-identifiable information development …

… During SBA’s Office 365 Cloud Email On Tuesday, June 7, 2016, the Office of Inspector General issued Audit Report … Office 365 Cloud Email. Report 16-16 On Tuesday, June 7, 2016, the Office of Inspector General issued Audit Report … the project’s status accurately and timely.  Due to a lack of planning and oversight, the Agency has exceeded …

… and Budget Memorandum M-15-02, Appendix C to Circular No. A-123,  Requirements for Effective Estimation and Remediation … programmatic corrective action plans in the AFR, reported a gross improper payment rate of less than 10 percent for six … rate that exceeded the 10 percent threshold; and Sections 7(a) and 504 loan guaranty approvals, Hurricane Sandy …

… and (4) local travel vouchers were not submitted in a timely manner.  Furthermore, SBA had gaps in the system for …

… these loans had defaulted early.  We selected and reviewed a random, statistically valid sample of 21 early-defaulted …

… Report 16-13: SBA’s 8(a) Business Development Program Eligibility OIG's Audit Report 16-13, SBA’s 8(a) Business Development Program Eligibility, presents the … our audit. Report 16-13 OIG's Audit Report 16-13,  SBA’s 8(a) Business Development Program Eligibility ,  presents the …

… that SBA designed and included in its program announcement a process to evaluate B2B grant applications.  However, … such documentation, it could not demonstrate that it made a merit-based selection in awarding the grant.  Overall, … and OVBD had provided effective oversight and SBA had a current Standard Operating Procedure for grants management …

… Management Advisory Memorandum As part of its High-Risk 7(a) Loan Review Program, on March 17, 2016, the Office of … Report 16-11. Report 16-11 As part of its High-Risk 7(a) Loan Review Program, on March 17, 2016, the Office of …

… and practices.  Specifically, SBA has not implemented a formal policy to timely collect on delinquent travel … address the requirements in Appendix B to OMB Circular No. A-123, Improving the Management of Government Charge Card …

… Division and Office of Financial Systems.  We provided a draft of KPMG’s findings to each of these officials or …

… the requirements of the DATA Act found that SBA developed a project plan prescribed by the eight key steps in … not built its reporting submission specifications Files A and B for grant and contract awards using the current …

… with the Office of Management and Budget Circular No. A-136,  Financial Reporting Requirements,   Treasury …