We’re thrilled to be part of this team helping the U.S. Small Business Administration Office of Performance, Planning, and the Chief Financial Officer (OPPCFO) with Significance. Our Financial Solutions Portfolio Manager, Drew Griffin commented “helping SBA alongside Significance recover from the unprecedented audit findings as a result of pandemic funding programs has been a massive effort with equal importance to the entire small business community.”
Significance is proud to highlight the U.S. Small Business Administration Office of Performance, Planning, and the Chief Financial Officer (OPPCFO) Audit Remediation Task Order's achievements. In FY 2025, our team supported the SBA in executing a focused audit remediation strategy aimed at strengthening internal controls and advancing toward an unmodified financial statement audit opinion. These efforts resulted in the successful remediation of three material weaknesses and two significant deficiencies—marking the most significant audit progress since the SBA’s last clean opinion in 2019. From a broader perspective, the agency reduced open auditor recommendations from 56 in FY 2024 to 25 in FY 2025 (a 55% reduction) and reduced NFRs (including IT) from 21 to 10 (a 52% reduction) in a single fiscal year. The SBA also made measurable improvements in its core financial management and control environment, resolving most non–pandemic-related weaknesses while stabilizing and strengthening controls across high-impact programs. As we dive into FY 2026, we remain committed to supporting the SBA’s continued progress toward a clean audit opinion and sustained financial accountability. We also thank our partners at Interclypse and Sikich for their collaboration and shared commitment to excellence. #SBA #ProjectHighlights #WorkingTogether #Successes #CommittedToTheMission #FM