December 14, 2016

Management Letter on the Audit of the Department of Energy’s Consolidated Financial Statements for Fiscal Year 2016

During the audit, KPMG LLP (KPMG), our contract auditors, noted certain matters involving internal control and other operational matters.  These findings and recommendations are intended to improve internal control or result in other operating efficiencies.  In addition, KPMG identified a deficiency in internal control related to the reconciliation of environmental liabilities that it considered a significant deficiency

KPMG LLP identified 11 new findings that were issued during the course of the audit.  Management’s response and planned corrective actions for the recommendations are listed in the management letter.  

Topic: Management & Administration