February 1, 2023
The Department of Energy’s Fiscal Year 2022 Consolidated Financial Statements
Pursuant to requirements established by the Government Management Reform Act of 1994, the Office of Inspector General engaged the independent public accounting firm of KPMG LLP to perform the audit of The Department of Energy’s Fiscal Year 2022 Consolidated Financial Statements. During the audit, KPMG LLP considered the Department of Energy’s internal controls over financial reporting and tested for compliance with certain provisions of laws, regulations, contracts, and grant agreements that could have a direct and material effect on the consolidated financial statements.
During the audit, KPMG LLP identified deficiencies in internal controls that are included in the attached management letter. Specifically, the attached letter contains four new findings and five recommendations that were issued during the audit of The Department of Energy’s Fiscal Year 2022 Consolidated Financial Statements. One prior year finding and recommendation was also re-issued. Management fully concurred with each of the recommendations included in the management letter and had taken or planned to take corrective actions. Management’s responses are included with each finding. The audit did not identify any deficiencies in internal controls over financial reporting that are considered material weaknesses.