OIG audited the consolidated financial statements of FNS for fiscal years 2020 and 2019.
This report presents the results of our audits of the Food and Nutrition Service’s financial statements for the fiscal years ending September 30, 2020 and 2019. This report contains an unmodified opinion on the financial statements, as well as the results of our assessments of the Food and Nutrition Service’s internal control over financial reporting and compliance with laws and regulations.
Our audit objectives were to determine whether: (1) the consolidated financial statements present information fairly, in all material respects, and in accordance with generally accepted accounting principles; (2) the internal control objectives over financial reporting were met; (3) FNS complied with applicable laws and regulations; and (4) information was materially consistent with other sources.
WHAT OIG FOUND
The Food and Nutrition Service (FNS) received an unmodified opinion from the Office of Inspector General’s (OIG) audits of FNS’ consolidated financial statements. We determined that the agency’s financial statements present FNS’ financial position as of September 30, 2020, and 2019, fairly, in all material respects, and were prepared in accordance with accounting principles generally accepted in the United States of America. This included the agency’s net costs, changes in net position, and statements of budgetary resources and related notes to the financial statements.
Our review of FNS’ internal control over financial reporting identified no material weaknesses. However, our review of compliance with laws and regulations identified that FNS’ high-risk programs were not compliant with the requirements of the Improper Payments Information Act of 2002, as amended by the Improper Payments Elimination and Recovery Act of 2010, and the Improper Payments Elimination and Recovery Improvement Act of 2012.