Submitting OIG:
Report Description:
What We Looked At
In accordance with the Government Corporation Control Act of 1945, we audited the financial statements of the Great Lakes Saint Lawrence Seaway Development Corporation (GLS), a U.S. Government corporation, as of and for the years ended September 30, 2021 and September 30, 2020. We are now issuing a management letter that discusses control matters that we were not required to include in our audit report.
What We Found
We found three internal control matters based on interim testing of GLS’s Operating Expenses, Minority Bank Certificates of Deposits, and Inventory.
Recommendations
We made seven recommendations. GLS concurred with all seven recommendations.
Date Issued:
Monday, January 31, 2022
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
FS2022019
Component, if applicable:
Great Lakes St. Lawrence Seaway Development Corporation
Location(s):
Agency-Wide
Type of Report:
Audit
Questioned Costs:
$0
Funds for Better Use:
$0
Number of Recommendations:
7
Additional Details Link: