Office of Inspector General 2020 Audit Division Oversight Plan
Summary
SBA Office of Inspector General 2020 Audit Division Oversight Plan, which sets out the OIG's audit and review priorities for the following 12-month period, focusing on programs and operations posing the highest risk to SBA. It notes that supplemental funding, new mandates, Congressional requests, Hotline complaints or SBA requests may require unplanned work and lead to deferring or modifying planned audits. Audits and reviews in progress include the Community Advantage Pilot Loan Program, the Office of Disaster Assistance improper payment appeal process, SBA's compliance with the Debt Collection Improvement Act, oversight of the 504 loan closing process and high-risk 7(a) loan reviews.
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OFFICE OF INSPECTOR GENERAL 2020 AUDIT DIVISION OVERSIGHT PLAN
This work plan outlines the U.S. Small Business Administration’s (SBA's) Office of Inspector General (OIG) audit and review
priorities. In addition to our statutory mandates, we focus on those programs and operations that pose the highest risk to
SBA’s ability to achieve its strategic goals, objectives, and priorities; meet budgetary and financial commitments; and
comply with applicable laws, regulations, and guidance.
The plan reflects audits and reviews our office intends to focus resources on within the ensuing 12-month period.
Supplemental funding or new statutory mandates, Congressional requests, Hotline complaints, or SBA requests may require
unplanned audits or reviews that are not reflected in this plan. Such work, as well as resource constraints, may result in
deferring, canceling, or modifying planned audits and reviews. Our effectiveness depends on our flexibility to address other
priorities as they arise.
AUDITS AND REVIEWS IN PROGRESS
• SBA’s Community Advantage Pilot Loan Program
• Office of Disaster Assistance Improper Payment Appeal Process
• SBA’s Compliance with the Debt Collection Improvement Act
• CIGIE Cross-Cutting Initiative on Disaster Relief Assistance
• SBA’s Oversight of the 504 Loan Closing Process
• OIG High Risk 7 (a) Loan Reviews
• Women Business Centers’ Compliance with Grant Fund Matching Requirements
• SBA’s Arsenal Business and Technology Partnership’s Veterans Business Outreach Center
• SBA’s Eligibility Verification of 8(a) Firms Owned by Native Americans
• IT Project Investment Controls over Certify.sba.gov
MANDATORY AUDITS AND REVIEWS
• SBA’s FY 20 FISMA Reporting Process
• SBA’s FY 20 Financial Statements Audit
• SBA’s Progress in Meeting the DATA Act Requirements
• Enterprise wide Review of SBA’s Compliance with 2019 Improper Payments Reporting Requirements
• Reviews of SBA’s Controls Over Cash Gifts
• Review of SBA’s Implementation of the Charge Card Prevention Act of 2012
OTHER AUDITS AND REVIEWS PLANNED
• Small Business Development Center’s Compliance with Grant Requirements
• 8(a) Business Development Program Effectiveness
• SBA’s Procurement Center Representatives Effectiveness
• SBA’s Grant Close out Process
• SBA’s Microloan Technical Assistance Grants
• SBA’s Mission Critical Occupations Skills Gap Assessment
• Required Borrower’s Equity Injection for SBA 7(a) Loans
• Small Business Investment Companies
• SBA’s Loan Guaranty Processing Center
• Disaster Loan Processing Times—Approval to Final Disbursement
• SBA’s Management of Foreclosed Properties
• Disaster Loan Deferments
• Disaster’s El Paso Loan Servicing Center
Some of our most important work has come from tips received on our Hotline. If there is any information that you think we
should know, particularly with regard to fraud, waste, abuse, or mismanagement at SBA or within its programs, we
encourage you to go to our website www.sba.gov/oig/hotline or call us at (800) 767-0385.
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