Information Report: Department of State 2024 Travel Card Risk Assessment

You are subscribed to Reports for Department of State OIG. Manage Subscriptions Information Report: Department of State 2024 Travel Card Risk Assessment 11/26/2024 12:35 PM EST The Government Charge Card Abuse Prevention Act of 2012,1 as implemented by Office of Management and Budget (OMB) Circular A-123, Appendix B,2 requires the Office of Inspector General (OIG) to conduct annual risk assessments of agency purchase and travel card programs. The assessments are conducted to identify and analyze the risk of illegal, improper, or erroneous purchases and payments and to determine the appropriate scope, frequency, and number of periodic audits of these programs.3  To assess risk associated with the Department of State's (Department) travel card program, OIG reviewed the Department's FY 2023 travel card data and concluded that the risk of illegal, improper, or erroneous purchases and payments within the Department's travel card program was "medium." OIG based its conclusion on the travel card program's size, internal controls, training, previous audits, and OIG Office of Investigations (INV) observations.  Because OIG concluded that risk to the travel card program is "medium," OIG is not recommending that an audit of the Department's travel card program be included in OIG's FY 2026 work plan. However, OIG encourages Department officials to continue prudent oversight of the travel card program to ensure that internal controls intended to safeguard taxpayer funds are fully implemented and followed by Department travel card holders.   1 Public Law 112-194 (October 5, 2012).  2 OMB Circular A-123, "Management's Responsibility for Enterprise Risk Management and Internal Control" (July 15, 2016), Appendix B, "A Risk Management Framework for Government Charge Card Programs" (August 27, 2019).  3 Public Law 112-194, Sec. 2 § 1909(d)(1) and Sec. 3 (h)(3)

Stay connected with the Department of State OIG:   External links found in this content or on Department of State OIG websites that go to other non-Department websites should not be construed as an endorsement of the views or privacy policies contained therein.  Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please contact subscriberhelp.govdelivery.com.

This email was sent to stevenmagallanes520.nims@blogger.com using GovDelivery Communications Cloud on behalf of: Department of State OIG · 2201 C Street NW · Washington, DC 20520