November 16, 2018
Required by the Chief Financial Officers Act of 1990
Quality Control Review of the Independent Auditor’s Report on the Department of Transportation’s Audited Closing Package Financial Statements for Fiscal Year 2018
What We Looked At
We contracted with the independent public accounting firm KPMG LLP to audit the Department of Transportation’s (DOT) closing package financial statements for fiscal year 2018, and to provide a report on internal control over the financial reporting process for closing package financial statements and compliance with the U.S. Treasury’s Financial Manual Chapter 4700. The contract required that the audit be performed in accordance with U.S. generally accepted Government auditing standards and Office of Management and Budget audit guidance.
What We Found
Our quality control review disclosed no instances in which KPMG did not comply, in all material respects, with U.S. generally accepted Government auditing standards.
KPMG did not include any recommendations in its report.