Federal Emergency Management Agency's Management Letter for DHS' FY 2014 Financial Statements Audit [open pdf - 537KB]
From the Highlights: "The Federal Government has a fundamental responsibility to be an effective steward of taxpayers' dollars. Sound financial practices and related management operations, reliable financial systems, and effective internal control are essential for reliable, timely financial information that supports management decision making needed to achieve the Department of Homeland Security's (DHS) mission. KPMG LLP [Klynveld Peat Marwick Goerdeler, limited liability partnership] reviewed the Federal Emergency Management Agency (FEMA) internal control over financial reporting. The management letter contains 15 observations related to internal control and other operational matters for management's considerations."
Department of Homeland Security, Office of Inspector General, Report No. OIG-15-77
Federal Depository Library Program Electronic Collection: https://permanent.fdlp.gov/