Charge Card Risk Assessment: MCC’s Programs Showed Low Risk of Improper Purchases and Payments in Fiscal Year 2025

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0 July 9, 2026 12:59

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Thu, 07/09/2026 – 11:59

Audit Report

Report Number
0-MCC-26-008-C

Jul 07, 2026

Why We Did This AuditThe Government Charge Card Abuse Prevention Act of 2012 (Charge Card Act) requires USAID OIG to conduct periodic reviews of the Millennium Challenge Corporation’s (MCC) charge card programs. This year, we contracted with the independent certified public accounting firm of RMA Associates LLC (RMA) to conduct the risk assessment. RMA’s objective was to assess the risks of illegal, improper, and erroneous purchases and payments in MCC’s charge card programs for fiscal year 2025.What We FoundTo answer the objective, RMA analyzed and tested MCC’s internal controls over its charge card programs for the fiscal year ended September 30, 2025. Charge card disbursements during this period totaled $1,613,859. RMA concluded that MCC’s charge card programs had a low risk of illegal, improper, or erroneous purchases and payments and thus did not warrant an audit.Why It MattersCongress enacted the Charge Card Act to prevent fraud, delinquency, or misuse that may exist in a Federal agency’s charge card program. The act requires USAID OIG to conduct periodic reviews of MCC’s charge card transactions and use those risk assessments to determine the scope, number, and frequency of audits of the Agency’s charge card program.

FY25 MCC CC Risk Assessment- Final Transmittal and IPA Report.pdf997.95 KB

Tags: Office of Inspector General USAID, U.S. Agency for International Development OIG, USAID Office of Inspector General, USAID OIG