Audits Division Oversight Plan (February 16, 2023)
Summary
The SBA Office of Inspector General Audits Division Oversight Plan for Calendar Year 2023, which sets out the OIG's audit and review priorities, including disaster relief and COVID-19 economic relief programs. Ongoing work listed includes PPP loans exceeding maximum size standards, SBA's decision to end collections on COVID-19 EIDL loans under $100,000, a fraud landscape estimate for PPP and COVID-19 EIDL, and oversight of Restaurant Revitalization Funds (RRF). Mandatory work includes the FY 2023 Federal Information Security Management Act review and financial statement audit. Planned work includes a series on PPP loans processed by financial technology companies. The plan notes that new mandates or requests could change it.
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U.S. SMALL BUSINESS ADMINISTRATION
OFFICE OF INSPECTOR GENERAL
AUDITS DIVISION OVERSIGHT PLAN
CALENDAR YEAR 2023
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
disaster relief programs and supplemental 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
• Eligibility and Forgiveness of Paycheck Protection Program (PPP) Loans Exceeding
Maximum Size Standards
• 7(a) Loan Program During the COVID-19 Pandemic
• SBA’s Guaranty Purchases for PPP Loans
• Eligibility and Forgiveness of PPP Loans Made to Borrowers Matching the U.S.
Department of the Treasury’s Do Not Pay Data
• SBA’s Internal Controls to Prevent Shuttered Venue Operators Grants (SVOG) to
Ineligible Entities
• SBA’s Decision to End Collections on COVID-19 Economic Injury Disaster Loans (EIDL)
Under $100,000
• COVID-19 EIDL Applicants on Treasury’s Do Not Pay List
• SBA’s Handling of Returned COVID-19 EIDL Funds
• SBA’s Reconsideration Process for COVID-19 EIDLs
• Fraud Landscape Estimate – PPP and COVID-19 EIDL
• Coronavirus Aid, Relief, and Economic Security (CARES) Act Contracts: Evaluation of
SBA’s Awards to Highlight Technologies to Meet Emerging Needs Related to COVID-19
• SBA’s Procedures to Recover Potentially Fraudulently Obtained Restaurant Revitalization
Funds (RRF)
• SBA’s Oversight of RRF Program Recipients
• SBA’s RRF Program Award Practices
• SBA’s Oversight of HUBZone Program Participants’ Continuing Eligibility
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MANDATORY WORK
• SBA’s Compliance with 2022 Improper Payments Reporting Requirements
• SBA’s Fiscal Year (FY) 2023 Federal Information Security Management Act Review
• SBA’s FY 2023 Financial Statement Audit
• SBA’s Controls Over Cash Contributions and Gifts
• SBA’s Controls Over its Charge Card Programs
PLANNED WORK
• Risks Associated with and SBA’s Oversight of PPP Loans Processed by Financial
Technology Companies (Series)
• SBA’s Process and Guidance for Returning PPP Funds
• Verification Inspection of SBA’s Action to Improve Lender Oversight of Lender Service
Providers
• Eligibility and Forgiveness of PPP Loans (Series)
• SBA's Implementation of the Small Business Innovation Research and Small Business
Technology Transfer Extension Act of 2022
• SBA's Use of Hold Codes in the PPP
• SBA’s High-Risk Lender Reviews
• SBA's Use of Civil Remedies for PPP Debt Collections
• Duplication of Benefits of Federal Emergency Management Agency Payments and
Disaster Assistance Loans in Response to Hurricane Ian (Joint Review with U.S.
Department of Homeland Security OIG)
• SBA’s Initial Disaster Response to Hurricane Ian
• SBA’s Initial Disaster Response to Hurricane Fiona
• Applicant Fraud in COVID-19 EIDL and Labor Unemployment Insurance Programs (Joint
Review with U.S. Department of Labor OIG)
• SBA’s Credit Model for Determining Disaster Assistance Loan Eligibility
• Verification Inspection of SBA’s Handling of Identity Theft in the COVID-19 EIDL Program
• Duplication of Insurance and Loan Benefits in the COVID-19 EIDL Program
• Data Analytics Project on Using Artificial Intelligence/Machine Learning to Identify Fraud
in Disaster Assistance Loan Programs (Series)
• SBA’s Plan for Servicing COVID-19 EIDLs
• SBA’s Oversight of Small Business Development Centers’ Compliance with Grant
Requirements
• SBA’s Oversight of the Community Navigators Pilot Program
• SBA’s Oversight of SVOG Recipients Compliance with Award Requirements
• Verification Inspection of SBA’s Corrective Actions to Improve the SCORE Program
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• SBA’s Implementation of the Service-Disabled Veteran-Owned Small Business
Certification Program
• SBA’s Information Technology Governance (Post Business Technology Investment
Council controls and Supply Chain Risk Management)
• SBA’s System Development Controls (DCMS/DLAP, Summit, etc.)
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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- 2023-02_SBA-OIG-Audits-Division-2023-Oversight-Plan.pdf
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- Original
- www.sba.gov