HomeResourcesAudit Database Project Compliance RecommendationsInternal Control and Anti-CorruptionReview and Test Conflict-of-Interest Mitigating Processes - ADS 596 - Standards for Internal Controls in the Federal Government - USAID Contract and Information Bulletin 99-17

Review and Test Conflict-of-Interest Mitigating Processes - ADS 596 - Standards for Internal Controls in the Federal Government - USAID Contract and Information Bulletin 99-17

ADS 596, Management's Responsibility for Internal Control, requires managers to develop and implement appropriate, cost-effective internal controls which reasonably ensure that assets are safeguarded against waste, loss, unauthorized use, or misappropriation.

Furthermore, the U.S. Government Accountability Office’s Standards for Internal Controls in the Federal Government states that managers should review activities at the functional and activity levels. Management review and knowledge of critical communications and events allows officials to assess risks to operations and review and test mitigating controls to ensure effectiveness and efficiency.

Generally, as defined by USAID Contract and Information Bulletin 99-17, Organizational Conflict of Interest, USAID policy precludes a contractor from furnishing implementation services as the prime contractor or subcontractor when the contractor has a substantial role in the design of an activity under contract with USAID.

Source:  AUDIT REPORT NO. 6-278-10-004-P March 31, 2010

This information is derived from audit reports of the Office of the Inspector General. The source refers to the audit report, which is available on this site as part of the Audit Database Project: an educational tool for compliance with USAID regulations.  Please see the disclaimer of this site before using this information.

Tags: Internal Control Anti-Corruption

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