KPMG, under contract with DHS OIG, audited the United States Coast Guard’s financial statements and internal control over financial reporting. The resulting management letter discusses 12 observations related to internal control for management’s consideration. The auditors identified internal control deficiencies in several processes including financial disclosure reports; accounts receivable; civilian and military payroll; financial reporting process; and accounts payable accrual. These deficiencies are not considered significant and were not required to be reported in our Independent Auditors' Report on DHS’ FY 2016 Financial Statements and Internal Control over Financial Reporting, dated November 14, 2016, included in the DHS FY 2016 Agency Financial Report.
United States Coast Guard's Management Letter for DHS' Fiscal Year 2016 Financial Statements Audit