Date
Quality Control Review of the Management Letter for FAA’s Audited Consolidated Financial Statements for Fiscal Years 2019 and 2018
Requested By
Required by the Chief Financial Officer Act of 1990
Project ID
QC2020024
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 Federal Aviation Administration’s (FAA) consolidated financial statements for fiscal years 2019 and 2018. In addition to its audit report on FAA’s financial statements, KPMG issued a management letter that discusses eight 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.
Recommendations
KPMG made eight recommendations in its management letter. FAA concurred with all eight recommendations.