Hurricane Sandy Relief: Improved Guidance on Designing Internal Control Plans Could Enhance Oversight of Disaster Funding

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Our Price: $20.00

By Beryl H. Davis (au)
Year: 2013
Pages: 39
Binding Paperback
ISBN 978-1-4578-5215-2

Product Code: 1457852152

Description

In late Oct. 2012, Hurricane Sandy devastated portions of the Mid-Atlantic and northeastern U.S., leaving victims of the storm and their communities in need of financial assistance for disaster relief aid. On Jan. 29, 2013, the President signed the Disaster Relief Appropriations Act, 2013, which provided approximately $50 billion in supplemental appropriations, before sequestration, to 61 programs at 19 federal agencies for expenses related to the consequences of Hurricane Sandy. The act required agencies to submit internal control plans for the funds in accordance with Office of Management and Budget (OMB) criteria by March 31, 2013. This report addresses the extent to which (1) the internal control plans prepared by federal agencies complied with OMB guidance; and (2) OMBäó»s guidance was effective for providing comprehensive oversight of the internal control risks for the programs receiving funds for Sandy disaster relief. Tables and figures. This is a print on demand report.

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