Office of

 Inspector General

Semiannual Report to the Congress

October 1, 2013

through

March 31, 2014

Number 50

April 9, 2014

FARM CREDIT ADMINISTRATION
Farm Credit Administration Office of Inspector General

1501 Farm Credit Drive

McLean, Virginia 22102-5090

April 9, 2014

The Honorable Jill Long Thompson, Board Chair and Chief Executive Officer

The Honorable Kenneth A. Spearman, Board Member

The Honorable Leland A. Strom, Board Member

Farm Credit Administration

1501 Farm Credit Drive

McLean, Virginia 22102-5090

Dear Board Chair Long Thompson and FCA Board Members Spearman and Strom:

Enclosed is the semiannual report on the activities of the Farm Credit Administration’s (FCA or 

Agency) Office of Inspector General (OIG) for the period October 1, 2013 through March 31, 2014. 

This is the fiftieth report since the establishment of the OIG on January 22, 1989. 

I submit this report in accordance with the Inspector General Act of 1978, as amended (IG Act). 

Section 5(b) of the IG Act requires that the FCA Board send this report to the appropriate 

Congressional committees and subcommittees within 30 days after the date of this transmittal, 

accompanied by management’s report on the status of audit, inspection, and/or evaluation action 

items. 

This reporting period the OIG has experienced some personnel transitions. We welcomed 

Katherine Gallo, an experienced attorney with over 20 years of experience in Inspector General

matters, as the Counsel to the Inspector General. One of our senior auditors took another position

and we are actively seeking to fill the position. With a fully staffed OIG, and together with the FCA 

Board and management, it is my expectation and my goal to continue to improve the high quality of 

Agency programs and operations. 

The OIG contracted with the Bureau of Fiscal Service for Brown & Company CPAs, PLLC to 

perform the audit of FCA’s financial statements for fiscal year 2013. This audit was completed

during this reporting period and resulted in an unmodified opinion. Please refer to page 3 for further 

information. 

Also, the OIG’s annual evaluation of the Agency’s compliance with the Federal Information Security 

Management Act was completed. This annual evaluation was conducted by the OIG’s Senior 

Information Technology Auditor and the report was issued on November 19, 2013. There were two

action items as a result of this evaluation. Please refer to page 3 for further information.
2

During this reporting period, the OIG initiated an audit on the Agency’s Training and Conference 

Expenses to determine the effectiveness of controls related to training, conferences, and related 

travel expenses. Please Refer to page 3 for further information.

One open action item from an audit issued September 23, 2013, was closed during this reporting 

period. Therefore, there are no agreed-upon action items open at the end of this reporting period.

The OIG continues to send surveys to the Farm Credit System institutions following regulatory safety 

and soundness examinations and other interactions with the FCA Office of Examination (OE). The 

results of the surveys, evaluating the quality of the examination work and OE interactions, are 

summarized without attribution on a quarterly basis. The FCA Board and OE find this to be a 

valuable measuring tool. 

I would like to acknowledge the effective efforts of the OIG staff in diplomatically leading Agency 

management to focus on significant program issues, as well as FCA management’s positive and 

timely reaction and improvement. I look forward to continuing a positive and effective relationship 

between the OIG and the FCA Board, a partnership striving to continuously strengthen FCA 

operations.

If you have any questions, please call me at 703-883-4036 or 4030. 

Respectfully,

Elizabeth M. Dean

Inspector General

Enclosure
EXECUTIVE SUMMARY........................................................................................ 1

BACKGROUND................................................................................................... 2 

FARM CREDIT ADMINISTRATION........................................................................... 2

FARM CREDIT SYSTEM....................................................................................... 2

AUDIT, INSPECTION, AND EVALUATION REPORTS ISSUED..................................... 3

FY 2013 INDEPENDENT FINANCIAL STATEMENT AUDIT OF FCA ...................................... 3

FY 2013 FEDERAL INFORMATION SECURITY MANAGEMENT ACT EVALUATION ............... 3 

AUDITS, INSPECTIONS, AND EVALUATIONS IN PROGRESS...................................... 3 

TRAINING AND CONFERENCE EXPENSES .................................................................... 3 

STATUS OF UNIMPLEMENTED RECOMMENDATIONS.............................................. 4 

MANAGEMENT ADVISORY REPORTS.................................................................... 4

INVESTIGATIONS................................................................................................ 4 

LEGISLATION AND REGULATIONS....................................................................... 5 

OTHER ACTIVITIES............................................................................................. 7 

QUARTERLY SURVEY OF FARM CREDIT SYSTEM INSTITUTIONS................................. 7

STAFF PARTICIPATION IN ACTIVITIES WITHIN THE INSPECTOR GENERAL COMMUNITY.... 7 

STAFF PARTICIPATION IN AGENCY ORGANIZATIONS................................................ 7 

STAFF DEVELOPMENT....................................................................................... 7

ANNEX.............................................................................................................. 8

APPENDICES

APPENDIX A – INDEX OF REPORTING REQUIREMENTS............................................. 9

APPENDIX B – AUDIT, INSPECTION, AND EVALUATION REPORTS ISSUED...................... 10

APPENDIX C – REPORTS WITH QUESTIONED COSTS............................................... 11

APPENDIX D – REPORTS WITH RECOMMENDATIONS THAT FUNDS

 BE PUT TO BETTER USE............................................................. 12

APPENDIX E – PEER REVIEWS CONDUCTED OF THIS OFFICE.................................... 13

APPENDIX F – PEER REVIEWS CONDUCTED BY THIS OFFICE..................................... 14

APPENDIX G – FCA ORGANIZATIONAL CHART......................................................... 15

APPENDIX H – OFFICE OF INSPECTOR GENERAL ORGANIZATIONAL CHART.................. 16

APPENDIX I – GLOSSARY OF TERMS .......................................................................... 17

Contents
1 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

This Semiannual Report to the Congress summarizes the activities and accomplishments of the 

Farm Credit Administration’s (FCA or Agency) Office of Inspector General (OIG) for the period

October 1, 2013 through March 31, 2014. The OIG’s efforts were directed toward implementing 

the OIG’s fiscal year (FY) 2014 strategic and operating plan and budget; performing audits, 

inspections, and evaluations of FCA programs and operations; conducting investigations, as 

necessary; independently and confidentially surveying Farm Credit System (FCS or System) 

institutions regarding the effectiveness of the Agency’s examination function and examiners; and 

providing objective, independent reporting and counsel to the FCA Board on FCA programs and 

operations. 

The OIG contracted with the Bureau of Fiscal Service (BFS) for Brown & Company CPAs, PLLC 

(Brown & Co.) to perform the audit of FCA’s financial statements for FY 2013. This audit 

resulted in an unmodified opinion. See page 3 for further information. 

Also, the OIG issued an evaluation report on the Agency’s compliance with the Federal 

Information Security Management Act (FISMA). There were two agreed-upon actions as a 

result of this evaluation. The evaluation was conducted by the OIG’s Senior Information 

Technology (IT) Auditor. See page 3 for further information. 

Additionally, the OIG issued two quarterly reports to the Chief Examiner and FCA Board on 

results of OIG surveys of the System institutions regarding the examination function and the 

examiners. These reports were for the quarters ended September 30 and December 31, 2013.

The OIG maintains five positions: the Inspector General, Counsel to the Inspector General, a 

Senior Auditor, a Senior IT Auditor, and an Administrative Assistant. Appendix G and 

Appendix H reflect the organizational structure of FCA and the OIG, respectively. The Senior 

Auditor position is vacant at this time as we actively seek to fill the position.

Executive Summary
2 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

Farm Credit Administration

The FCA is an independent Federal agency of the United States government responsible for the 

regulation and examination of Farm Credit System institutions chartered under the Farm Credit 

Act of 1971, as amended (Farm Credit Act). The FCA is also a “designated Federal entity” 

within the meaning of the Inspector General Act of 1978, as amended (IG Act). 

As a non-appropriated agency, FCA funds its expenses primarily through assessments to the 

institutions it regulates. The Agency’s FY 2014 budget is $63,900,000. Assessments by FCA to 

FCS institutions for FY 2014 are $50,000,000 with other sources of funding totaling 

$13,900,000. The OIG’s FY 2014 budget is $1,264,912. 

At the end of this reporting period FCA had 274 employees, about half of which are examiners 

located in five field offices. At the end of the prior semiannual reporting period the Agency had 

277 employees. 

Farm Credit System

The FCS is a Government-sponsored enterprise comprised of 4 Farm Credit banks and 80 

lending associations, as of March 31, 2014, in all 50 states and Puerto Rico that primarily make 

loans to agriculture. The System raises funds by selling securities in the national and 

international money markets through its special purpose entity, the Federal Farm Credit Banks 

Funding Corporation. These securities are not guaranteed by the U.S. Government. 

The Federal Agricultural Mortgage Corporation (Farmer Mac), also a part of the FCS, is 

chartered by the Federal government to provide a secondary market for agricultural mortgage 

loans. Farmer Mac is publicly traded and issues its own debt securities.

Additionally, there are four active service corporations organized under the Farm Credit Act that 

provide services to FCS entities and eligible borrowers.

Background
3 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

REPORTS ISSUED

The OIG conducts all audits in accordance with Government Auditing Standards issued by the 

Comptroller General of the United States for audits of Federal organizations, programs, 

activities, and functions. Inspections and evaluations are conducted in accordance with the 

Council of the Inspectors General on Integrity and Efficiency (CIGIE) Quality Standards for 

Inspections. Copies of most OIG reports are available on the OIG web site at

www.fca.gov/home/inspector.html, or by contacting the OIG at (703) 883-4030, or by e-mail at 

ig_information@fca.gov.

FY 2013 Independent Financial Statement Audit of FCA

The Accountability of Tax Dollars Act of 2002 requires FCA and certain other agencies to submit 

to Congress and the Office of Management and Budget (OMB) an audited financial statement 

each fiscal year.

In continuing to assist the Agency in meeting these requirements, the OIG contracted with the 

Bureau of Fiscal Service for Brown & Co. to perform the audit of FCA’s financial statements for 

FY 2013. The audit resulted in an unmodified opinion, was issued November 20, 2013, and 

presented to the FCA Board on January 6, 2014.

FY 2013 Federal Information Security Management Act Evaluation

The evaluation of the Agency’s compliance with FISMA for FY 2013 is performed by the OIG’s 

Senior IT Auditor, using guidelines established by FISMA, OMB, and the National Institute of 

Standards and Technology. Although this evaluation revealed no significant deficiencies, the 

Agency agreed to make improvements in two areas. This report was issued on November 19, 

2013. 

AUDITS AND EVALUATIONS IN PROCESS

FCA’s Training and Conference Expenses

The audit objective is to determine the effectiveness of controls related to training, conferences, 

and related travel expenses.

Audits, Inspections, and Evaluations
4 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

STATUS OF UNIMPLEMENTED RECOMMENDATIONS

Audit, Inspection, and Evaluation Agreed-Upon Actions and 

Recommendations

Report Issued

Open During 

this 6-Month 

Period

Final Management 

Actions During this 

Period

Open on 

4/1/2014

Student Loan 

Repayment Program 9/23/2013 1 1 0

Total 1 1 0

MANAGEMENT ADVISORY REPORT ISSUED 

The OIG Management Advisory Reports are designed to be a quick mechanism to offer the 

Agency head and management suggestions on ways to strengthen Agency operations. The 

OIG continued to provide information and best practices related to an advisory issued in a prior 

reporting period on FCA’s Use of Social Media.

INVESTIGATIONS

Two allegations were received during the reporting period. One alleged abuse of resources, but 

was not substantiated and the matter was forwarded to management. The second complaint 

alleged inappropriate personnel practices. Following OIG’s initial review, OIG requested 

investigative assistance from the National Credit Union Administration (NCUA) OIG because of 

a conflict of interest. The NCUA OIG reviewed and subsequently issued a Management 

Implication Report that found no violations of regulations or policy, but noted concerns with 

internal operations. 

OIG Hotline calls and emails dealing with borrower complaints concerning FCS institutions and 

other FCA program issues were referred to the FCA office or other Federal agency responsible 

for reviewing such matters. 
5 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

In furtherance of the OIG’s mandate to review existing and proposed legislation and regulations, 

the Acting Inspector General or the Inspector General attends joint briefings of the FCA Board 

on regulations at the proposed and final stages. The following were reviewed: 

Legislation 

1) H.R. 1163, Federal Information Security Amendments Act of 2013

2) H.R. 1468, Strengthening and Enhancing Cybersecurity by Using Research, 

Education, Information, and Technology Act of 2013 (SECURE IT)

3) H.R. 3345, Stop Unworthy Spending Act (SUSPEND Act)

4) H.R. 2061/S. 994, Digital Accountability and Transparency Act of 2014

5) H.R. 3032, Executive Cyberspace Coordination Act of 2013

6) S. 1360, Improper Payments Agency Cooperation Enhancement Act of 2013

7) H.R. 1211, Freedom of Information Act Oversight and Implementation Act of 2014

8) S. 1953, Oversight Workforce Improvement Act of 2014

9) H.R. 314, Inspector General Improvement Act of 2013

Proposed Rule

10) Federal Agricultural Mortgage Corporation Governance; Farmer Mac Corporate 

Governance and Standards of Conduct

11) Joint Notice of Proposed Rule Making, Loans in Areas Having Special Flood Hazards

Final Rule

12) Releasing Information; General Provisions; Accounting and Reporting Requirements; 

Reports of Accounts and Exposures, 12 CFR Parts 602, 618, and 612

13) Final Rule that Amends Liquidity Management Regulations for the Federal 

Agricultural Mortgage Corporation (Farmer Mac)

14) Final Interim Rule Repealing Non-binding, Advisory Votes on Compensation for CEO 

and Senior Officers of System Banks or Associations, 12 CFR Parts 611, 620, and 

630

Legislation and Regulations
6 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

Regulations

15) Spring 2014 Abstract of the Unified Agenda of Federal Regulatory and Deregulatory 

Actions and Spring 2014 Regulatory Projects Plan

16) To amend FCA’s Standards of Conduct and Referral of Known or Suspected 

Criminal Violations; Standards of Conduct, 12 CFR Part 612, Subpart A

Informational Memorandum

17) Recent Consumer Financial Protection Bureau Actions

18) Maximum Farm Credit System Bank Director Compensation for 2014

19) Guidelines for Requesting Certificates of Good Standing, Authenticity, and/or Merger 

or Consolidation

20) Guidance on Homeownership Counseling Requirements

Other

21) Proposed, Revised Equal Employment Opportunity Commission, Management 

Directive 110
7 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

Quarterly Survey of Farm Credit System Institutions

The OIG administers an ongoing survey of FCS institutions regarding the quality and 

consistency of the Agency’s examination function and examiners. The OIG issues a quarterly 

report and, at the end of each FY, a summary report on the surveys’ results to the Chief 

Examiner and the FCA Board. 

During this 6-month period, the OIG sent surveys to the Audit Committee Chairmen, Chief 

Executive Officers, and Boards of 28 FCS Institutions. Quarterly reports for the 3-month periods 

ended September 30 and December 31, 2013, were issued by the OIG to the Chief Examiner 

and the FCA Board. A summary FY 2013 report was also issued. 

Staff Participation in Activities within the Inspector General Community

OIG staff members are encouraged to take part in organizations that contribute to the mission of 

the Inspectors General community, as well as their individual professional development. Most 

staff members are actively involved in one or more professional organizations, as well as 

activities within the Council of the Inspectors General on Integrity and Efficiency. 

The Inspector General is a member of CIGIE, which provides a forum for IGs from various 

government agencies to discuss government-wide issues and shared concerns. Collectively, the 

members of CIGIE work toward improving government programs and operations. The IG also 

serves as a member of CIGIE’s Legislation Committee and participates as a member of CIGIE’s 

Inspection and Evaluation Committee, and is the incoming Chair of the Small IG group. The 

Counsel to the Inspector General is active in the Council of Counsels and the Directors of 

Investigation.

The OIG Senior IT Auditor attends Federal Audit Executive Committee (FAEC) meetings and 

conferences and is actively involved in the IT Subcommittee of the FAEC. The Senior IT Auditor 

also attends local ISACA (formerly known as Information Security and Control Association) 

meetings. 

Staff Participation in Agency Organizations

OIG employees are active on Agency workgroups and task forces, as appropriate. 

Staff Development

OIG employees continually seek ways to improve skills and become knowledgeable in the 

initiatives of the community of Inspectors General. Audit and legal staff must meet continuing 

education requirements. Individual development plans are used to identify long and short-term 

career goals along with specific training and developmental needs. These plans are geared to 

enhance individual skills in the performance of official duties and meet the criteria needed to 

achieve OIG performance goals and objectives.

Other Activities
8 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

This annex is provided in accordance with the National Defense Authorization Act for FY 2008. 

This referenced statute requires all Inspectors General appointed under the IG Act to include an 

annex to their semiannual reports as follows:

1) listing all contract audit reports issued during the reporting period containing significant 

audit findings; 

2) briefly describing the significant audit findings in the report; and 

3) specifying the amounts of costs identified in the report as unsupported, questioned, or 

disallowed. 

Significant audit findings are defined as unsupported, questioned, or disallowed costs in excess 

of $10,000,000, or other findings that the Inspector General determines to be significant. It 

defines contracts as a contract, an order placed under a task or delivery order contract, or a 

subcontract.

No contract audit reports meeting these criteria were issued on behalf of the OIG during this 

reporting period.

Annex
9 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

APPENDIX A 

Index of Reporting Requirements

SECTION TITLE Page

4(a)(2) Review of legislation and regulations 5 - 6 

5(a)(1) Significant problems, abuses, and deficiencies None

5(a)(2) Recommendations for corrective action 4 

5(a)(3) Prior recommendations not yet implemented None

5(a)(4) Matters referred to prosecutive authorities None

5(a)(5) Information unreasonably refused or not provided None

5(a)(6) List of reports issued 10

5(a)(7) Summaries of significant reports 3 

5(a)(8) Management decisions with questioned costs 11 

5(a)(9) Management decisions on recommendations that funds be put 

to better use

12 

5(a)(10) Prior audit reports unresolved None

5(a)(11) Significant revised management decisions None

5(a)(12) Significant management decisions with which the Inspector 

General disagreed None

5(a)(13) Compliance of Agency financial management system 3 

5(a)(14)(15) Peer reviews conducted of this OIG 13 

5(a)(16) Peer reviews conducted by this OIG 14 

845 FY 2008 National Defense Authorization Act Citation and 

Requirement 8 

Appendixes
10 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

 

APPENDIX B

Audit, Inspection, and Evaluation Reports Issued 

Report Number of Agreed Upon 

Actions/Recommendations Questioned Costs

Recommendations 

That Funds Be Put to 

Better Use

Audit of the FCA Financial 

Statement – 2013 0 $ 0 $ 0

Evaluation of the Federal 

Information Security 

Management Act – 2013

0 $ 0 $ 0

Total 0 $ 0 $ 0 
11 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

APPENDIX C

Reports with Questioned Costs

Number Dollar Value

Reports Recommendations

Questioned 

Costs

Unsupported 

Costs

A. For which no management decision has been 

 made by the commencement of the reporting

 period. 

0 0 $ 0 $ 0 

B. Which were issued during the reporting 

 period. 0 0 $ 0 $ 0 

Subtotals (A+B) 0 0 $ 0 $ 0 

C. For which a management decision was made

 during the reporting period. 0 0 $ 0 $ 0 

 (i) dollar value of disallowed costs 0 0 $ 0 $ 0 

 (ii) dollar value of costs not disallowed 0 0 $ 0 $ 0 

D. For which no management decision has been

 made by the end of the reporting period. 0 0 $ 0 $ 0 

E. For which no management decision was 

 made within six months of issuance. 0 0 $ 0 $ 0 
12 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

APPENDIX D

Reports with Recommendations that Funds 

be Put to Better Use

Number of 

Reports

Number of 

RecommendationsDollar Value

A. For which no management decision has been 

 made by the commencement of the reporting

 period. 

0 0 $ 0 

B. Which were issued during the reporting period. 0 0 $ 0 

Subtotals (A+B) 0 0 $ 0 

C. For which a management decision was made

 during the reporting period. 0 0 $ 0 

 (i) dollar value of recommendations that were 

 agreed to by management 0 0 $ 0 

 - based on proposed management action 0 0 $ 0 

 - based on proposed legislative action 0 0 $ 0 

 (ii) dollar value of recommendations that were 

 not agreed to by management 0 0 $ 0 

D. For which no management decision has been

 made by the end of the reporting period. 0 0 $ 0 

E. For which no management decision was 

 made within six months of issuance. 0 0 $ 0 
13 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

APPENDIX E

Peer Reviews Conducted of this Office 

Peer Review Performed By Date of Report Function 

Reviewed

Peer Review 

Rating

Architect of the Capitol

Office of Inspector General June 26, 2013 Audit Pass

U.S. Securities and Exchange Commission

Office of Inspector General December 26, 2007 Investigations Pass
14 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

APPENDIX F

Peer Reviews Conducted by this Office 

Peer Review Of Date of Report Function 

Reviewed

Peer Review 

Rating

Consumer Product Safety Commission 

Office of Inspector General May 23, 2011 Audit Pass

U.S. International Trade Commission

Office of Inspector General January 16, 2013 Audit Pass
15 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

APPENDIX G

FCA ORGANIZATIONAL CHART

Board

Farm Credit Administration Board

Jill Long Thompson, Board Chair

Kenneth A. Spearman, Member

Leland A. Strom, Member

Office of the Chairman 

and CEO

Jill Long Thompson

Office of the Chief 

Operating Officer

William J. Hoffman

Office of 

Inspector General1

Elizabeth M. Dean 

Office of 

Congressional and 

Public Affairs

Michael A. Stokke

Office of 

Secondary Market 

Oversight2

Laurie A. Rea

Office of Examination

S. Robert Coleman

Office of 

Regulatory Policy

Gary K. Van Meter

Office of 

General Counsel3

Charles R. Rawls

Office of Management 

Services

Stephen G. Smith

1

The Dodd-Frank Wall Street and Consumer Protection Act, Public Law 111-203, amended the Inspector General Act, 5 U.S.C. App 3, 

changing the meaning of “head of the designated Federal entity.” The effect is that the Inspector General now reports to the FCA Board. 

Prior to the amendment, the FCA Chairman was the “head of the designated Federal entity” under the IG Act and the IG reported to the 

Chairman.

2 Reports to the Board for policy and to the CEO for administration.

3 Maintains a confidential advisory relationship with each of the Board members.

Secretary to the 

Board

Dale L. Aultman

Equal Employment 

and Inclusion 

Director

Thais Burlew 

Designated Agency 

Ethics Official

Wendy R. Laguarda
16 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

APPENDIX H

Office of Inspector General Organizational Chart

Inspector General

Elizabeth Dean

Counsel to the 

Inspector General

Kathy Gallo

Senior Information 

Technology Auditor

Tammy Rapp

Auditor

Vacant

Administrative 

Assistant

Debra Miller

 

 Elizabeth M. Dean, Inspector General March 2014
17 FCA OIG SEMIANNUAL REPORT TO CONGRESS

OCTOBER 1, 2013 – MARCH 31, 2014

APPENDIX I

Glossary of Terms

Agency – Farm Credit Administration

BFS – Bureau of Fiscal Service

Brown & Co. – Brown & Company CPAs, PLLC

CIGIE – Council of the Inspectors General on Integrity and Efficiency

Farm Credit Act – Farm Credit Act of 1971, as amended

Farmer Mac – Federal Agricultural Mortgage Corporation

FCA – Farm Credit Administration

FCS – Farm Credit System 

FISMA – Federal Information Security Management Act

FY – Fiscal Year

H.R. – House of Representatives

IG – Inspector General

IG Act – Inspector General Act of 1978, as amended

ISACA – Information Security and Control Association

IT – Information Technology 

NCUA – National Credit Union Administration

OE – Office of Examination

OIG – Office of Inspector General

OMB – Office of Management and Budget

Pub. L. – Public Law

S. – Senate

System – Farm Credit System
REPORT

Fraud | Waste | Abuse | Mismanagement

FARM CREDIT ADMINISTRATION

OFFICE OF INSPECTOR GENERAL

• Phone: Toll Free (800) 437-7322; (703) 883-4316

• Fax: (703) 883-4059

• E-mail: fca-ig-hotline@rcn.com

• Mail: Farm Credit Administration

Office of Inspector General

1501 Farm Credit Drive

McLean, VA 22102-5090