March 20, 2019
Required by the Chief Financial Officers Act of 1990
Quality Control Review of the Management Letter for the Department of Transportation’s Audited Consolidated Financial Statements for Fiscal Years 2018 and 2017
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 2018 and 2017. In addition to its audit report on DOT’s financial statements, KPMG issued a management letter that discusses four 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 eight recommendations in its management letter. DOT concurred with all eight recommendations.