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OTHER ACCOMPANYING INFORMATION

SUMMARY OF FINANCIAL STATEMENT AUDIT AND MANAGEMENT ASSURANCES

TABLE 1. SUMMARY OF FINANCIAL STATEMENT AUDIT
Audit Opinion: Unqualified
Restatement: No
Material
Weaknesses		 Beginning Balance New Resolved Consolidated Ending
Balance
Total Material Weaknesses 1   1   0
Timely Processing of Transactions and Accounting for Property, Plant & Equipment, including the Construction in Progress Account at the FAA Check mark   Check mark   0

TABLE 2. SUMMARY OF MANAGEMENT ASSURANCES
Effectiveness of Internal Control over Financial Reporting (FMFIA, Section 2)
Statement of Assurance: Unqualified
Material
Weaknesses		 Beginning Balance New Resolved Consolidated Reassessed Ending
Balance
Total Material Weaknesses 1   1     0
Timely Processing of Transactions and Accounting for Property, Plant & Equipment, including the Construction in Progress Account at the FAA Check mark   Check mark     0

Effectiveness of Internal Control over Operations (FMFIA, Section 2)
Statement of Assurance: Qualified
Material
Weaknesses		 Beginning Balance New Resolved Consolidated Reassessed Ending
Balance
Total Material Weaknesses 1 1 1     1
Weaknesses in the Stewardship and Oversight of Federal-Aid Projects Administered by Local Program Agencies Check mark   Check mark     0
FISMA Noncompliance   Check mark       1

Conformance with Financial Management System Requirements (FMFIA, Section 4)
Statement of Assurance: Unqualified
Non-Conformances Beginning Balance New Resolved Consolidated Reassessed Ending
Balance
Total Non-Conformances 1   1     0
Federal Accounting Standards Check mark   Check mark     0

Conformance with Federal Financial Management Improvement Act (FFMIA)
  Agency Auditor
Overall Substantial Compliance Yes No
1. System Requirements Yes Yes
2. Accounting Standards Yes No
3. USSGL at Transaction Level Yes Yes

DEPARTMENT OF TRANSPORTATION
OFFICE OF THE CHIEF INFORMATION OFFICER
PENDING MATERIAL WEAKNESS

HIGH RISK AREA: Non-compliance with Federal Information Security Management Act (FISMA) of 2002, and OMB requirements for security information systems and providing privacy protection of personally identifiable information (PII).

EXECUTIVE SUMMARY MILESTONES PLANNED DATES
O=Original
L=Last Year
C=Current

How shall we fix it?

Improve policy and process.

Evaluate and reprioritize information assurance and privacy activities and resources.

Increase the visibility of performance.

Tie performance to investment and program budget.

Engage senior management for corrective actions.

How will we know it’s fixed?

Weekly scorecards.

Monthly progress reviews and reporting.

Monthly reviews with the auditors for validation of direction and progress.

Quarterly reviews and reporting of compliance and progress to senior management and OMB.

Monthly reporting of internal assessment and verification of technical performance.

 Year Identified: C - 2008
Planned (Near-Term)
  1. Improve Information Security and Privacy program policy, planning, reporting, and processes.
 6/2009
  1. Enhance network security, configuration management, situational awareness, and incident response capabilities.
 10/2009
  1. Ensure security awareness and privacy training for Federal and contractor employees using the Departmental network.
 6/2009
  1. Improve the identification, tracking, prioritization, and management of weaknesses and system vulnerabilities.
 6/2009
  1. Strengthen the security of Departmental systems through certification and accreditation, use of appropriate authentication methods, and testing of contingency plans.
 10/2009
Planned (Long-Term)
Incorporate Information Assurance and Privacy performance metrics into operating administration performance standards.		 10/2010
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