Based The Federal Managers’ Financial Integrity Act of 1982 (FMFIA), P.L. 97-255,
as well as the Office of Management and Budget’s (OMB) Circular A-123, Management’s
Responsibility for Enterprise Risk Management and Internal Control, M-16-17 establish specific
requirements for management control. Each executive agency must establish controls to
reasonably ensure that: (1) obligations and costs are in compliance with applicable law; (2)
funds, property, and other assets are safeguarded against waste, loss, unauthorized use, or
misappropriation; and (3) revenues and expenditures applicable to agency operations are
properly recorded and accounted for to permit the preparation of accounts and reliable financial
and statistical reports and to maintain accountability over the assets on the OIG’s review, the Agency’s management controls review process was conducted in accordance with applicable guidance.
As of this memorandum date, the independent auditors, Harper, Rains, Knight and Company (HRK) did not identify any material weaknesses resulting from their audit of EEOC’s Fiscal Year 2022 financial statements.