Review of the internal revenue service’s purchase card violations report
Monday, August 22nd, 2016 @ 5:37PM
TREASURY INSPECTOR GENERAL FOR TAX
REVIEW OF THE INTERNAL REVENUE SERVICE’S PURCHASE CARD VIOLATIONS REPORT
Final Report issued on July 15, 2016
CFEG reports that on July 15, 2016 the Treasury Inspector General For Tax Administration (TIGTA) released a report of its Audit of the IRS’s Purchase Card Violations. TIGTA reported that federal audits of agency charge card programs have found varying degrees of fraud, waste, and abuse. On October 5, 2012, the President signed into law the Government Charge Card Abuse Prevention Act of 2012 (Charge Card Act), which reinforced Administration and congressional efforts to prevent fraud, waste, and abuse of Government wide charge card programs.
TIGTA initiated this audit because the Charge Card Act requires each agency with more than $10 million in purchase card spending in the prior fiscal year to submit semiannual reports of employee purchase card violations and the disposition of those violations, including any disciplinary actions taken. The overall objective of this review was to assess the IRS’s implementation of and compliance with the law’s requirements for the period October 1, 2015, to March 31, 2016.
TIGTA found that the IRS properly identified and reported 30 instances of confirmed purchase card misuse and four instances of purchase card misuse pending final agency action. The 30 confirmed purchase card misuse cases reported by the IRS collectively totaled almost $4,000.