New Audit Announcements

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The Office of Inspector General (OIG) is initiating an audit of FAA’s 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.