EPA Isn’t Tracking Funding Dollars Closely Enough, Watchdog Says

The EPA’s financial office can’t be sure the agency’s funding is safe from waste, fraud, and abuse because it hasn’t done agency-wide risk assessments, its internal watchdog said in a Wednesday report.

The Environmental Protection Agency’s Office of the Chief Financial Officer “continues to operate under an outdated, stovepipe-type risk-management process, in which risks are assessed at the division level” without assessing whether those risks could affect the agency as a whole, according to the Office of Inspector General.

As a result, the financial officer’s office can’t be reasonably sure it’s directing agency funding to the most critical issues ...