November 16, 2015

Department of Energy's Fiscal Year 2015 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 (KPMG) to perform the audit of the Department of Energy’s Fiscal Year 2015 Consolidated Financial Statements.

KPMG audited the consolidated financial statements of the Department as of September 30, 2015 and 2014, and the related consolidated statements of net cost, changes in net position and custodial activity, and combined statement of budgetary resources for the years then ended.  KPMG concluded that these consolidated financial statements are presented fairly, in all material respects, in conformity with United States generally accepted accounting principles and has issued an unmodified opinion based on its audits and the reports of other auditors for the years ended September 30, 2015 and 2014.

Topic: Management & Administration