Management Letter: DOE-OIG-21-11

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January 5, 2021

Department of Energy’s Fiscal Year 2020 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 2020 Consolidated Financial Statements.  During the audit, KPMG LLP considered the Department’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 course of the audit, KPMG LLP identified deficiencies in internal control that are included in the attached management letter.  Specifically, the attached letter contains 10 new findings and a total of 14 recommendations that were issued during the Fiscal Year 2020 Audit of the Department of Energy’s Consolidated Financial Statements.  Management fully concurred with all but one recommendation 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 control over financial reporting that are considered material weaknesses.

Topic: Management & Administration