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… High Risk 7(a) Loan Review Program This management advisory presents the evaluation results of two 7(a) loans as part of our ongoing High Risk 7(a) Loan Review … were originated and closed in accordance with the Small Business Administration’s (SBA’s) rules, regulations, …

… This report presents the results of our audit of the Small Business Administration’s (SBA’s) fiscal year (FY) 2015 … be at least 9.89 percent, or $29.9 million.  Our audit of a statistical sample of 31 loans identified 10 improper …

… This report presents the results of our audit of the Small Business Administration’s (SBA’s) Recovery Improvements for … applicant eligibility for these loans.  We audited a statistically valid sample of 26 of disbursed RISE Act … of incurred costs needed to support damage claims.  As a result, SBA approved loans without sufficiently verifying …

… accounting firm KPMG LLP (KPMG) to audit the U.S. Small Business Administration’s (SBA’s) consolidated financial … in coordination with SBA program offices.  We provided a draft of KPMG’s findings to each of these officials or …

… Accuracy of the FY 2015 7(a) Loan Guaranty Purchase Improper Payment Rate This report … the fiscal year (FY) 2015 improper payments rate for the 7(a) Loan Program purchases. Report 18-07 This report presents … rate for the 7(a) Loan Program purchases.  The Small Business Administration (SBA) did not detect all improper …

… of FITARA from October 2015 to June 2017.  The Small Business Administration (SBA) identified implementation of … methodologies.  Additionally, it needs to fully deploy a strategy for implementing enterprise architecture and …

… accounting firm KPMG LLP (KPMG) to audit the U.S. Small Business Administration’s (SBA’s) consolidated financial … of the Office of Management and Budget Circular No. A-136,  Financial Reporting Requirements,  and the U.S. …

… accounting firm KPMG LLP (KPMG) to audit the U.S. Small Business Administration’s (SBA’s) consolidated financial … 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 …

… 18-02,  Independent Accountants’ Report  on the U.S. Small Business Administration’s (SBA’s) compliance with the Digital …  (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 …

… The OIG High Risk 7(a) Loan Review Program This report presents the results of … Investigations Division.  OIG recommended that the Small Business Administration (SBA) require the lender to bring the … OIG’s High Risk 7(a) Loan Review Program, we have reviewed 20 loans with purchase amounts totaling $17.7 million.  We …

… report presents the results of our evaluation of the Small Business Administration’s (SBA’s) purchase cards and risk …

… report presents the results of our audit of the Small Business Administration’s (SBA’s) management of the fiscal … accomplish its stated goals of the VERA-VSIP program.  As a result, SBA paid $2.1 million for early retirements for …

… Report 17-08 notifies SBA of issues identified as part of a review of the SBA’s pay setting practices. Report 17-08 As part of its ongoing review of the U.S. Small Business Administration’s (SBA’s) pay setting practices, the … Report 17-08 notifies SBA of issues identified as part of a review of the SBA’s pay setting practices. … Management …

… the results of our risk assessment regarding the Small Business Administration’s (SBA’s) internal controls over its … 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 …

… accounting firm KPMG LLP (KPMG) to audit the U.S. Small Business Administration’s (SBA) consolidated financial … Division and Office of Financial Systems.  We provided a draft of KPMG’s findings to each of these officials or …

… accounting firm KPMG LLP (KPMG) to audit the U.S. Small Business Administration’s (SBA) Closing Package Financial … with the Office of Management and Budget Circular No. A-136,  Financial Reporting Requirements,   Treasury …

… Management Advisory Memorandum As part of its High-Risk 7(a) Loan Review Program, on March 17, 2016, the Office of Inspector General (OIG) issued a memorandum, Report 16-11. Report 16-11 As part of its … a memorandum, Report 16-11, which provides the Small Business Administration (SBA) with early notification of …

… Advisory Memorandum 16-19 As part of its High-Risk 7(a) Loan Review Program, on August 16, 2016, the Office of Inspector General (OIG) issued a report, Report 16-19. Report 16-19 As part of its High-Risk … issued a report, Report 16-19, which provides the Small Business Administration (SBA) with early notification of …

… accounting firm KPMG LLP (KPMG) to audit the U.S. Small Business Administration’s (SBA) consolidated financial … were no material weaknesses in internal control. There is a significant deficiency related to controls over the … Market Guarantee credit reform model; and There is also a significant deficiency related to SBA’s information …

… advisory presents the results of our audit of the Small Business Administration’s 504 loan liquidation process.  … we determined that one CLSC had not developed a formal training plan for staff in accordance with … event of significant turnover or workload fluctuation at a given center, differences in operations could impact the …