New Audit Announcements

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February 20, 2014

Audit Initiated of DOT's Consolidated Financial Statements for Fiscal Years 2014 and 2013

Required by the Chief Financial Officers Act of 1990

The Office of Inspector General (OIG) is initiating an audit of the U.S. Department of Transportation's consolidated financial statements for fiscal years 2014 and 2013 in accordance with the Chief Financial Officers Act of 1990. An independent audit firm, KPMG LLP, will perform the audit—subject to OIG oversight—according to generally accepted Government auditing standards and the Office of Management and Budget’s (OMB) audit requirements. The audit report will be delivered to OMB by November 17, 2014.