Independent Auditors' Report on U.S. Customs and Border Protection's FY 2012 Financial Statements [open pdf - 516KB]
From the letter from the Assistant Inspector General for Audits to the U.S. Customs and Border Protection Chief Financial Officer: "The report presents the results of CBP's [U.S. Customs and Border Protection's] consolidated financial statement audits for fiscal years (FY) 2012 and 2011. We contracted with the independent public accounting firm KPMG [Klynveld Peat Marwick Goerdeler] LLP [limited liability partnership] to perform the audits. KPMG LLP concluded that CBP's consolidated financial statements as of and for the years ended September 30, 2012, and September 30, 2011, are presented fairly, in all material respects, in conformity with U.S. generally accepted accounting principles. The FY 2012 independent auditors' report also contains observations and 18 recommendations related to internal control weaknesses that were considered significant deficiencies and were required to be reported in the financial statement audit report. The four significant deficiencies in internal controls are presented below; the first significant deficiency is considered to be a material weakness."
Department of Homeland Security, Office of Inspector General, Report No. OIG-13-53
Department of Homeland Security, Office of Inspector General: http://www.oig.dhs.gov/