January 15, 2016

Management Letter on the Audit of the Department of Energy’s Consolidated Financial Statements for Fiscal Year 2015

During the audit, KPMG LLP (KPMG), our contract auditors, noted certain matters involving internal control and other operational matters.  These comments and recommendations are intended to improve internal control or result in other operating efficiencies.  In addition, KPMG identified a deficiency in internal control related to the calculation of imputed costs that it considered significant.

KPMG LLP identified 16 new findings that were issued during the course of the audit, and Management concurred with and provided planned corrective actions for the recommendations listed in the management letter.  Management’s comments are included in each finding. 

Topic: Management & Administration