The following tables provide a summary on the Department's financial statement audit and its management assurances.
|
Summary of Management Assurances |
Effectiveness of Internal Control over Financial Reporting (FMFIA § 2) |
Statement of Assurance |
Unqualified |
Material Weaknesses |
Beginning Balance |
New |
Resolved |
Consolidated |
Reassessed |
Ending Balance |
Total Material Weaknesses |
0 |
0 |
0 |
0 |
0 |
0 |
Effectiveness of Internal Control over Operations (FMFIA § 2) |
Statement of Assurance |
Unqualified |
Material Weaknesses |
Beginning Balance |
New |
Resolved |
Consolidated |
Reassessed |
Ending Balance |
FISMA access control and information security |
1 |
|
1 |
|
|
|
Total Material Weaknesses |
1 |
0 |
1 |
0 |
0 |
0 |
Conformance with financial management system requirements (FMFIA § 4) |
Statement of Assurance |
Systems conform to financial management system requirements |
Non-Conformances |
Beginning Balance |
New |
Resolved |
Consolidated |
Reassessed |
Ending Balance |
Total non-conformances |
0 |
0 |
0 |
0 |
0 |
0 |
Compliance with Federal Financial Management Improvement Act (FFMIA) |
|
Agency |
Auditor |
Overall Substantial Compliance |
Yes |
Yes |
1. System Requirements |
Yes |
Yes |
2. Accounting Standards |
Yes |
Yes |
3. USSGL at Transaction Level |
Yes |
Yes |
