Report | Dec. 7, 2020

Project Announcement: Oversight of the Audit of the FY 2021 Army General Fund Financial Statements (Project No. D2021-D000FI-0033.000)

Audit

Our planned oversight will begin immediately. The Chief Financial Officers Act of 1990, as amended, requires this audit. In accordance with the Act, the DoD Office of Inspector General is the principal auditor for the Army General Fund Financial Statements. We contracted with the independent public accounting firm of KPMG LLP, (KPMG) to audit the Army General Fund Financial Statements for fiscal years ending September 30, 2021, and September 30, 2020. The objective of KPMG’s audit is to determine whether the FY 2021 Army General Fund Financial Statements and related notes are presented fairly and in conformity with accounting principles generally accepted in the United States. The objective of this oversight project is to provide contract oversight of KPMG’s audit of the Army General Fund Financial Statements for fiscal years ending September 30, 2021, and September 30, 2020, and determine if KPMG complied with applicable auditing standards. We will execute the contractor’s audit procedures associated with reviews of transactions and facilities that are Special Access Program, TOP SECRET, and TOP SECRET/Sensitive Compartmented Information and provide an unclassified version of the results of our review to KPMG to use in developing its overall audit conclusions.