Administration
Fiscal Year 2023 Purchase Card Risk Assessment (SR-2024-09), issued August 28, 2024
In general, PBGC’s policies, procedures, and internal controls are designed to provide reasonable assurance for implementing and managing the PBGC purchase card program and to mitigate the potential for fraud and misuse. For FY 2023, we assessed PBGC’s internal controls over its purchase card program and concluded that these controls are effective. Based on our review, we determined that the risk of illegal, improper, or erroneous purchases is low.
