Department of Stateäó»s Assistance Awards for Afghanistan Reconstruction Activities Are Largely Unaudited

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By John F. Sopko (ed)
Year: 2013
Pages: 28
Binding Paperback
ISBN 978-1-4578-4777-6

Product Code: 1457847779

Description

Since 2002, the Department of State (State) has sprovided $6 billion in appropriated funds for Afghanistan reconstruction. State is responsible to congress and U.S. taxpayers for the efficient and effective use of federal funds. For example, it is required to ensure that awards to nonprofit organizations follow cost principles established by the Office of Management and Budget (OMB). State policy also notes that audits of assistance funds support essential federal stewardship resonsibilities and can be an effective and valuable tool for monitoring a recipient organizationäó»s financial performance. Recognizing that financial audits play an important role in ensuring that funds are properly spent and accounted for, the Special Inspector General for Afghanistan Reconstruction (SIGAR) initiated this audit to examine the extent to which financial audits were conducted for 140 State-funded grants and cooperative agreements, each valued at $1 million or more, for Afghanistan reconstruction from 2002 to 2011. Tables. This is a print on demand report.

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