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Audits Division Oversight Plan (February 16, 2021)

Summary

The SBA Office of Inspector General Audits Division 2021 Oversight Plan, dated January 2021, which sets out the OIG's audit and review priorities, including programs created in response to the COVID-19 pandemic. Ongoing work listed includes EIDL recipients on the Department of Treasury's Do Not Pay List, duplicate loans under the Paycheck Protection Program (PPP) and SBA's handling of identity theft in the COVID-19 EIDL program. Mandatory work includes SBA's FY 2021 FISMA reporting and its FY 2020 and 2021 financial statements audit. Planned work includes series on PPP loan forgiveness and eligibility and SBA's handling of potentially fraudulent PPP loans. The plan notes that new mandates or requests could change it.

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Full text

                   U.S. SMALL BUSINESS ADMINISTRATION OFFICE OF INSPECTOR GENERAL
                                AUDITS DIVISION 2021 OVERSIGHT PLAN
                                           JANUARY 2021

This oversight plan outlines the U.S. Small Business Administration (SBA) Office of Inspector
General’s (OIG) audit and review priorities. In addition to our statutory mandates, we continue
to focus on programs and operations that pose the highest risk to SBA operations, including
programs designed to provide economic relief to businesses in response to the Coronavirus
Disease 2019 (COVID-19) pandemic. (Note: New statutory mandates, Congressional requests,
Hotline complaints, or SBA requests could result in changes to this plan.)
ONGOING WORK
   •   Economic Injury Disaster Loan (EIDL) Recipients on the Department of Treasury’s Do Not
       Pay List
   •   CARES Act Information Systems Security Controls Evaluation
   •   Duplicate Loans Made Under the Paycheck Protection Program (PPP)
   •   SBA’s Handling of Identity Theft in the COVID-19 EIDL Program
   •   SBA's Handling of Emergency EIDL Grants to Sole Proprietorships
   •   SBA’s Oversight of Women’s Business Centers Compliance with Cooperative Agreement
       Financial Requirements
   •   SBA’s Eligibility Verification of 8(a) Firms Owned by Members of Federally or State-
       Recognized Indian Tribes
   •   SBA’s Award Procedures for CARES Act Entrepreneurial Development Cooperative
       Agreements
   •   SBA's Oversight of Resource Partner Associations Implementation of CARES Act
       Requirements
   •   SBA’s Business Development Assistance to 8(a) Program Participants
   •   SBA’s CARES Act Contract - EIDL
   •   Compliance with COVID-19 Reconstitution Plan
MANDATORY WORK
   •   Enterprise-wide Review of SBA’s Compliance with 2020 Improper Payments Reporting
       Requirements
   •   SBA’s FY 2021 FISMA Reporting Process
   •   SBA’s FY 2020 and 2021 Financial Statements Audit
   •   SBA’s Progress in Meeting the DATA Act Requirements



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   •   SBA’s Controls Over Cash Gifts
   •   SBA’s Implementation of the Charge Card Prevention Act of 2012
PLANNED WORK
   •   SBA's Forgiveness of Loans Under the PPP (Series)
   •   SBA’s Implementation of the Economic Aid Act
   •   Eligibility of Loans Made Under the PPP (Series)
   •   SBA’s Handling of Potentially Fraudulent and Suspicious PPP Loans
   •   Small Business Investment Companies
   •   SBA's Loan Guaranty Processing Center (Follow-up)
   •   SBA’s Customer Service and Communication for COVID-19 EIDLs and Grants
   •   SBA’s Reconsideration Process for COVID-19 EIDLs
   •   SBA's Controls Used to Validate Bank Accounts for COVID-19 EIDL Disbursements
   •   SBA’s Implementation of the Shuttered Venues Grant Program
   •   SBA’s Implementation of the Targeted Advance Grant Program to Low-Income
       Communities
   •   Applicant Eligibility for COVID-19 EIDL (Series)
   •   SBA’s Disaster Assistance Response to Hurricane Laura
   •   SBA’s Quality Assurance of CARES Act Performance Data Reported in the
       Entrepreneurial Development Management Information System
   •   Microloan Technical Assistance
   •   SBA’s Oversight of Small Business Development Centers’ Compliance with CARES Act
       Grant Requirements
   •   SBA’s Oversight of Women’s Business Centers’ Compliance with CARES Act Grant
       Requirements
   •   SBA’s Oversight of Resource Partner Associations CARES Act Grant Requirements
   •   SBA’s Certification Process for the Women Owned Small Business Federal Contracting
       Program
   •   Review of SBA’s Protest Process
If you are aware of any fraud, waste, abuse, or mismanagement at SBA or within its programs,
please visit www.sba.gov/oig/hotline or call (800) 767-0385.




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