This session will explore the clarified definition of improper payments in the new OMB Circular A-123, Appendix C, and changes to the methodology of risk assessments. Participants will learn first-hand how agencies could use the improper payment methodology for other required risk assessments, such as fraud and data quality.
Learn about the expanded definition of improper payments, new options for sample selection methodology, the ERM approach to payment integrity, and changes to payment recapture audit requirements. Included are new OIG assessment of criteria and the addition of non-compliance reporting requirements beyond three years.
Dir., Office of Internal Controls, OCFO,
U.S. Small Business Administration