United States Secret Service's Management Letter for DHS' FY 2014 Financial Statements Audit [open pdf - 480KB]
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 [Klynveld Peat Marwick Goerdeler] LLP [limited liability partnership] reviewed the United States Secret Service's (U.S. Secret Service) internal control over financial reporting. The management letter contains seven observations related to internal control and other operational matters for management's considerations. KPMG LLP noted deficiencies and the need for improvements in certain U.S. Secret Service processes. These deficiencies did not meet the criteria to be reported in the 'Independent Auditors' Report on DHS' FY 2014 Financial Statements and Internal Control over Financial Reporting', dated November 14, 2014, included in DHS' fiscal year 2014 'Agency Financial Report'. These observations are intended to improve internal control or result in other operating efficiencies."
Department of Homeland Security, Office of Inspector General, Report No. OIG-15-58
Department of Homeland Security, Office of Inspector General: http://www.oig.dhs.gov/