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… the results of our risk assessment regarding the Small Business Administration’s (SBA’s) internal controls over its purchase and travel charge card programs for fiscal year 2016, and was performed in accordance with … to strengthen SBA’s risk management controls for charge card programs.  The agency agreed to implement the …

… accounting firm KPMG LLP (KPMG) to audit the U.S. Small Business Administration’s (SBA) consolidated financial statements for fiscal year (FY) 2016, ending September 30, 2016.  The … December 8, 2016 | File size: 355KB | Download .pdf for / December 8, 2016 Related programs: Agency Management …

… accounting firm KPMG LLP (KPMG) to audit the U.S. Small Business Administration’s (SBA) Closing Package Financial … Statements of Net Cost and Changes in Net Position for the year then ended, and the related notes to the … opinion on SBA’s special-purpose financial statements for FY 2016.  Specifically, KPMG reported that the statement …

… Office of Management and Budget (OMB) guidance, the Small Business Administration (SBA) started the Office 365 cloud … cloud email migration, rather than reporting the controls for all SBA IT investments on the Federal IT dashboard. … Effective: June 7, 2016 | File size: 239KB | Download .pdf for / June 7, 2016 Related programs: Agency Management …

… a memorandum, Report 16-11, which provides the Small Business Administration (SBA) with early notification of … to the SBA loan.  As a result, a recovery from the lender for SBA’s guarantee payment of $2,046,465 is appropriate to … March 17, 2016 | File size: 3376KB | Download .pdf for / March 17, 2016 Related programs: Agency Management, …

… issued a report, Report 16-19, which provides the Small Business Administration (SBA) with early notification of … the lender neither ensured SBA loan proceeds were used for an eligible purpose nor assessed the borrower’s repayment … requirements.  As a result, a recovery from the lender for SBA’s guarantee payment of $850,791 is appropriate to …

… accounting firm KPMG LLP (KPMG) to audit the U.S. Small Business Administration’s (SBA) consolidated financial statements for fiscal year (FY) 2016, ending September 30, 2016.  This … and Budget Bulletin No. 15-02, Audit Requirements for Federal Financial Statements; and the U.S. Government …

… advisory presents the results of our audit of the Small Business Administration’s 504 loan liquidation process.  … that one CLSC had not developed a formal training plan for staff in accordance with established goals and … also determined that the internal policies and procedures for liquidating 504 loans were unique to and applied …

… report presents results of our review of the Small Business Administration’s (SBA) Loan Management and … on the results of this review, we made one recommendation for the Office of Capital Access in coordination with the … and reauthorize the Capital Access Financial System for operation. SBA agreed with this recommendation. Office of …

… special-purpose and consolidated financial statements for FY 2015. Report 16-03 On November 17, 2015, OIG issued … accounting firm KPMG LLP (KPMG) to audit the U.S. Small Business Administration’s (SBA) reclassified balance sheet as … note (referred to as special-purpose financial statements) for fiscal year (FY) 2015, ending September 30, 2015.  The …

… recipient is not receiving benefits 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 Administration’s (SBA) controls to determine whether …

… objective was to determine the effectiveness of the Small Business Administration’s (SBA) controls over separated … Effective: May 26, 2015 | File size: 441KB | Download .pdf for / May 26, 2015 Related programs: Agency Management …

… the independent auditor issued its report on the Small Business Administration’s (SBA) reclassified balance sheet as … changes in net position and Federal trading partner note for the year then ended. The auditor found that the … the results of operations and the changes in net position for the period then ended are in accordance with U.S. …

… an independent public accounting firm to audit the Small Business Administration’s (SBA) consolidated financial … statements as of September 30, 2013, and 2012, and for the years then ended.  The contract required that the … and Budget Bulletin No.14-02,  Audit Requirements for Federal Financial Statements ; and the U.S. Government …

… 30, 2013, the OIG issued Audit Report 13-21, The Small Business Administration’s Enterprise-wide Controls Over its … assess the validity and eligibility of individual expenses for the cosponsored activities.  The OIG determined that for its cosponsored activities, the SBA did not fully …

… objective of this audit was to determine whether the Small Business Administration National Disaster Loan Resolution … servicing and offset; (2) analyze most delinquent debts for workout and restructuring potential; (3) liquidate loan … collateral; or, (5) refer offer-in-compromise settlements for debts above $500,000 to the Headquarters Claims Review …

… Inappropriate Contracting Practices to Reconfigure Space for the Office of International Trade This advisory … of the SBA's procurement process used to reconfigure space for the Office of International Trade. Report 13-12 This … memorandum presents the results of our audit of the Small Business Administration’s (SBA) procurement process used to …

… presents the results of the OIG's review of the Small Business Administration’s efforts to modernize its loan … findings that put the development of this project at risk for not meeting the needs and expectations of the SBA, the … March 19, 2013 | File size: 1008KB | Download .pdf for / March 19, 2013 Related programs: Agency Management, …

… (IT) hardware and software contracts awarded by the Small Business Administration (SBA) to Isika Technologies, Inc. … as they did not conduct price reasonableness analyses for contracts it awarded to iTechnologies. Deficiencies … SBA’s invoicing procedures established an environment ripe for improper payments. As a result, the SBA overpaid for IT …

… Program. Report 15-07 On March 13, 2015, the U.S. Small Business Administration (SBA) Office of Inspector General … March 13, 2015 | File size: 371KB | Download .pdf for / March 13, 2015 Related programs: Agency Management …