Submitting OIG:
Report Description:
What We Looked At
This report presents the results of our quality control review (QCR) of KPMG LLP’s management letter related to the audit it conducted, under contract with us, of the Department of Transportation’s (DOT) consolidated financial statements for fiscal years 2020 and 2019. In addition to its audit report on DOT’s financial statements, KPMG issued a management letter that discusses 12 internal control matters that it was not required to include in its audit report.
What We Found
Our QCR of KPMG’s management letter disclosed no instances in which KPMG did not comply, in all material respects, with generally accepted Government auditing standards.
Recommendations
KPMG made 14 recommendations in its management letter. DOT concurred with all 14 recommendations.
Date Issued:
Wednesday, January 27, 2021
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
QC2021015
Component, if applicable:
Office of the Special Trustee for American Indians
Office of the Secretary of Transportation
Location(s):
Agency-Wide
Type of Report:
Audit
Questioned Costs:
$0
Funds for Better Use:
$0
Number of Recommendations:
14
Additional Details Link: