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Audit Reports

Aug
13
2020
Report Number:
20-264-R20
Report Type:
Audit Reports
Category: Finance

Financial Controls Policy for Retail Units

Background

During fiscal year (FY) 2019, we issued 32 audit reports related to financial controls at Postal Service retail units. We identified inconsistencies with Postal Service policies for performing financial transactions. The purpose of this report is to bring attention to these issues and make recommendations for corrective action.

Our objective was to assess current refund and local purchases and payments policies for retail units and to determine if policies were consistent.

We completed our fieldwork before the President of the U.S. issued the national emergency declaration concerning the novel coronavirus disease outbreak (COVID-19) on March 13, 2020. The results of this audit do not reflect operational changes and/or service impacts that may have occurred at this facility as a result of the pandemic.

Report Recommendations

# Recommendation Status Value Initial Management Response USPS Proposed Resolution OIG Response Final Resolution
1

Update and publish the final Handbook F-101, Field Accounting Procedures, Draft, and the Postal Operations Manual, as appropriate, to ensure consistency in conducting field office accounting and among policies and procedures associated with refunds.

 Closed $0 Agree
2

Update Handbook AS 709, Purchase Card Local Buying Policies and Procedures, to ensure consistency in procedures associated with local purchases.

 Closed $0 Agree