Audit Initiated of the Saint Lawrence Seaway Development Corporation’s Financial Statements for Fiscal Years 2020 and 2019
Pursuant to the Government Corporation Control Act of 1945, as amended, we are initiating an audit of the Saint Lawrence Seaway Development Corporation’s (SLSDC) financial statements for fiscal years 2020 and 2019. The objective of this audit will be to express an opinion on whether SLSDC’s financial statements are fairly presented, in all material respects, in conformity with accounting principles generally accepted in the United States. We will conduct this work in accordance with generally accepted Government auditing standards and the Office of Management and Budget’s (OMB) Bulletin 19-03, Audit Requirements for Federal Financial Statements. Our work will be done at SLSDC Headquarters in Washington, DC, and SLSDC offices in Massena, NY. The audit report is due to OMB by November 15, 2020.