Department of Transportation (DOT) Needs To Enhance Oversight of Its Purchase Card Program To Mitigate Internal Control Weaknesses
View Full AuditBackground
According to U.S. Bank, DOT employees made more than 327,000 purchase card transactions—totaling $223.7 million—from October 2016 through March 2018. The objectives of this audit were to:
- Test existing controls to determine if they provide reasonable assurance that improper purchases are prevented or detected in the normal course of business.
- Evaluate DOT’s policies and procedures for oversight of its purchase card program.
Recommendations
Thirteen recommendations were made to assist DOT in improving its oversight of the purchase card program and increasing the effectiveness of its internal controls.
