Reports - Audit

TFC Consulting, Inc. (TFC), an independent licensed Certified Public Accounting firm, was contracted by the U.S. Department of Agriculture (USDA), Office of Inspector General (OIG), to conduct an agreed-upon procedures engagement to assess selected aspects of the State of Iowa’s compliance with the Supplemental Nutrition Assistance Program (SNAP) regulations.

Our objective was to evaluate FAS’ administration and oversight of the Export Credit Guarantee Program. Specifically, our objective wasto determine whether FAS had adequate controls in place to ensure that the Export Credit Guarantee Program was administered in compliance withapplicable laws, regulations, policies, and procedures.