Federal Reports

KPMG LLP’s (KPMG) report on its financial statement audit of the National Credit Union Administration’s (NCUA) financial statements, which includes the Share Insurance Fund, the Operating Fund, the Central Liquidity Facility, and the Community Development Revolving Loan Fund, as of and for the years ended December 31, 2021 and 2020. The NCUA prepared financial statements in accordance with the Office of Management and Budget (OMB) Circular No. A-136 Revised, Financial Reporting Requirements, and subjected them to audit.

This report communicates the results of the Fiscal Year 2021 Federal Trade Commission Office of Inspector General review of the FTC’s compliance with the Payment Integrity Information Act of 2019 (PIIA) (Public Law 116-117).

The Federal Information Security Modernization Act of 2014 (FISMA) requires all federal agencies to conduct independent security technical verification testing on a sampling of information systems annually. In conjunction with our fiscal year 2021 FISMA evaluation (2021-OE-0001), we conducted a targeted security testing assessment of sample systems that resulted in a Topic Brief. The objective of this application vulnerability testing was to determine whether the U.S. Department of Housing and Urban Development (HUD) sample systems contained potential security weaknesses. We identified potential vulnerabilities among the tested HUD applications and categorized them into low, medium, and high risk. HUD should prioritize those risks for review and remediation. No formal recommendations were documented in the report. The OIG has determined that the contents of this report would not be appropriate for public disclosure and has therefore limited its distribution to selected officials.