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Fiscal Year 2019 Financial Statements Audit Management Letter

Report Information

Date Issued
Report Number
OIG-AR-20-03
Report Type
Audit
Joint Report
Yes
Participating OIG
Export-Import Bank of the United States OIG
Agency Wide
Yes (agency-wide)

Recommendations

Fully implement and configure continuous monitoring accordingly.

Configure continuous monitoring accordingly.

Perform and document evidence of a periodic review and perform research and resolution, as appropriate.

Assess the need to further modify the cash flow model to adjust the PD assumption to account for the age and performance of each specific deal, or document the determination as to how such a model change would have an insignificant effect on the model…