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New Audit Announcements

Date

Audit Initiated of FAA's Consolidated Financial Statements for 2023 and 2022

Requested By
Required by the Chief Financial Officers Act of 1990
Project ID
23F3007F000
File Attachment

In accordance with the Chief Financial Officers Act of 1990, we are initiating an audit of the Federal Aviation Administration’s (FAA) consolidated financial statements for fiscal years 2023 and 2022. The objective of this audit will be to express an opinion on whether FAA’s financial statements are fairly presented, in all material respects, in conformity with accounting principles generally accepted in the United States. We have engaged KPMG LLP, an independent public accounting firm, to conduct this audit subject to our oversight. KPMG will conduct its work in accordance with generally accepted Government auditing standards and the Office of Management and Budget’s Bulletin 22-01, Audit Requirements for Federal Financial Statements.