Federal Reports

What We Looked AtWe contracted with the independent public accounting firm KPMG, LLP to audit the Federal Aviation Administration’s (FAA) consolidated financial statements as of and for the fiscal years ended September 30, 2022, and September 30, 2021. KPMG was required to provide an opinion on those financial statements, report on internal control over financial reporting, and report on compliance with laws and other matters. The contract required the audit to be performed in accordance with U.S. generally accepted Government auditing standards; Office of Management and Budget audit guidance; and the Governmental Accountability Office’s and Council of the Inspectors General on Integrity and Efficiency’s Financial Audit Manual. We performed a quality control review (QCR) of KPMG’s report dated November 9, 2022, and related documentation, and inquired of KPMG’s representatives. What We FoundOur QCR disclosed no instances in which KPMG did not comply, in all material respects, with U.S. generally accepted Government auditing standards. RecommendationsFAA concurred with KPMG’s two recommendations. We agree with KPMG’s recommendations and are not making any additional recommendations.

What We Looked AtWe contracted with the independent public accounting firm Allmond & Company, LLC (Allmond), to audit the Surface Transportation Board’s (STB) financial statements as of and for the fiscal years ended September 30, 2022, and September 30, 2021; provide an opinion on those financial statements; and report on internal control over financial reporting, compliance with laws, and other matters. The contract required 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 (QCR) of Allmond’s report, dated November 06, 2022, and related documentation, and inquired of Allmond’s representatives. What We FoundOur QCR disclosed no instances in which Allmond did not comply, in all material respects, with U.S. generally accepted Government auditing standards. RecommendationsSTB concurred with Allmond’s seven recommendations. We agree with Allmond’s recommendations and are not making any additional recommendations.

Results of the Audit of the USNRC Financial Statements for FY22

In the audit of the Commission's financial statements for 2022 and 2021, we reported the following:- The Commission’s financial statements for fiscal years ending September 30, 2022 and 2021, were presented fairly, in all material respects, in accordance with U.S. generally accepted accounting principles;- Identified no material weaknesses in internal control over financial reporting and grant origination; and- Identified no instances of reportable noncompliance for fiscal year 2022 with provisions of applicable law, regulations, contracts, and grant agreements tested.

The U.S. Department of Agriculture (USDA) Office of Inspector General’s (OIG) Annual Plan for Fiscal Year 2023 describes how OIG will accomplish its mission of promoting economy, efficiency, effectiveness, and integrity in the delivery of USDA programs throughout the fiscal year (FY).