USAID's Private Sector-Led Model of Sustainable Social and Economic Development in Afghanistan's Badakhshan Province: Audit of Costs Incurred by the Aga Khan Foundation
Abstract
On March 23, 2013, the U.S. Agency for International Development (USAID) awarded a$61,147,036 collaborative agreement to the Aga Khan Foundation to support the Multi-Input Area Development Global Development Alliance. The alliances goal was to promote a private sector led model of sustainable social and economic development in Afghanistans Badakhshan Province. The alliances objectives were to improve quality life of residents and stimulate economic development through creating jobs and generating income. After 14 modifications, the total USAID funding decreased to $21,445,265,and the period of performance was extended from March 22, 2018, through June 15, 2018.SIGARs financial audit, performed by Williams Adley and Company-DC LLP (Williams Adley), reviewed $20,494,370 in costs charged to the agreement from January 1, 2016, through June15, 2018. The objectives of the audit were to(1) identify and report on material weaknesses or significant deficiencies in Aga Khans internal controls related to the agreement; (2) identify and report on instances of material non compliance with the terms of the agreement and applicable laws and regulations, including any potential fraud or abuse; (3) determine and report on whether Aga Khan has taken corrective action on prior findings and recommendations; and (4) express an opinion on the fair presentation of Aga Khans Special Purpose Financial Statement (SPFS). See Williams Adleys report for the precise audit objectives. In contracting with an independent audit firm and drawing from the results of the audit, SIGAR is required by auditing standards to review the audit work performed. Accordingly, SIGAR oversaw the audit and reviewed its results. Our review disclosed no instances where Williams Adley did not comply, in all material respects, with U.S. generally accepted government auditing standards.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2020
- Accession Number
- AD1137585
Entities
People
- John Sopko
Organizations
- Special Inspector General for Afghanistan Reconstruction