Submitting OIG:
Report Description:
What We Looked At
We contracted with the independent public accounting firm KPMG LLP to audit the Department of Transportation's (DOT) consolidated financial statements as of and for the fiscal years ended September 30, 2020, and September 30, 2019, and provide an opinion on those financial statements, to report on internal control over financial reporting, and to report on compliance with laws and other matters. The contract requires the audit to be performed in accordance with U.S. generally accepted Government auditing standards, Office of Management and Budget audit guidance, and the Government Accountability Office's and Council of the Inspectors General on Integrity and Efficiency's Financial Audit Manual. We performed a quality control review of KPMG's report dated November 13, 2020, and related documentation, and inquired of its representatives.
What We Found
Our quality control review disclosed no instances in which KPMG did not comply, in all material respects, with U.S. generally accepted Government auditing standards.
Recommendations
DOT concurred with KPMG's seven recommendations. We agree with KPMG's recommendations and are not making any additional recommendations.
Date Issued:
Monday, November 16, 2020
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
QC2021008
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:
0
Additional Details Link: