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 2019 and 2018. In addition to its audit report on DOT’s financial statements, KPMG issued a management letter that discusses eight 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, April 8, 2020
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
QC2020025
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: