OIG-21-A-02-Results of the Audit of the United States Nuclear Regulatory Commission's Financial Statements for Fiscal Year 2020
Perform a more robust review of the future lease payments
schedule to ensure it reflects all changes and updates to
occupancy agreements. This review should include a
documented review by the group responsible for negotiating and
signing occupancy agreements since they would be most familiar
with all current occupancy agreements.
Perform a more robust review of leasehold improvements and
require accurate communication from accountable property
managers to ensure that as occupancy agreements change,
projects begin, or projects are completed, any impact to leasehold
improvements in the financial statements is recorded timely and
accurately. This review should also include timely and completely
documenting the status of leasehold improvements in process.
Strengthen internal control to ensure funds are de-obligated timely
including identifying amounts to be de-obligated and posting the
de-obligation to the accounting system.
Maintain adequate documentation, including correspondence, for
the reasons why an aged unliquidated obligation should not be deobligated.
Review the process for generating the unliquidated obligation subsidiary details report (management report); ensure that amounts that are not ULOs are not included in the management report; and reconciles the management report to the general ledger.