Quality Control Review of the Management Letter for Department of Transportation’s Audited Consolidated Financial Statements for Fiscal Years 2017 and 2016
What We Looked At
This report presents the results of our quality control review (QCR) of KPMG LLP’s management letter related to the audit it conducted, under contract with us, of the Department of Transportation’s (DOT) consolidated financial statements for fiscal years 2017 and 2016. In addition to its audit report on DOT’s financial statements, KPMG issued a management letter that discusses two internal control matters that it was not required to include in its audit report.
What We Found
Our QCR of KPMG’s management letter disclosed no instances in which KPMG did not comply, in all material respects, with generally accepted Government auditing standards.
KPMG made two recommendations in its management letter. DOT concurred with both recommendations.