Noting it “did not issue any reports with recommendations” related to the agency’s charge card programs in fiscal 2025, the National Credit Union Administration told the federal budget office it is currently conducting an audit related to its travel card program.
Federal agencies are required to periodically conduct risk audits and report to OMB on their purchase and travel card programs under the Government Charge Card Abuse Prevention Act of 2012. The audits are to cover cards used to make purchases for the agency and used by employees for work travel.
In a brief Jan. 26 letter to Russ Vought, director of the Office of Management and Budget (OMB), NCUA Acting Inspector General Marta Erceg said her office plans to report on its current travel card audit work later this year. Her letter makes no specific mention of when the last risk audit was done, but it does note there were no open recommendations to close in 2025.
An audit report published by the NCUA in 2018 shows agencies are required to submit card management programs to OMB by Jan. 31 each year; that semiannual reports are required on violations or other actions (if total program charges exceed $10 million a year); and that periodic program risk assessments are required.
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