DOL Annual Report, Fiscal Year
2009
Performance and Accountability Report
Summary of Financial Statement Audit and Management Assurances
The following tables provide a summary of the Department’s FY 2009 financial statement audit and its management assurances.
Summary of Financial Statement Audit |
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Audit Opinion |
Unqualified |
||||
Restatement |
No |
||||
Material Weaknesses |
Beginning Balance |
New |
Resolved |
Consolidated |
Ending Balance |
Total Material Weaknesses |
0 |
0 |
0 |
0 |
0 |
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 |
||
Total Material Weaknesses |
0 |
0 |
0 |
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 |
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2. Accounting Standards |
Yes |
Yes |
||||||
3. USSGL at Transaction Level |
Yes |
Yes |
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 |
 |