U.S. flag

An official website of the United States government

Dot gov

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Https

Secure .gov websites use HTTPS
A lock () or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Natural Resources Conservation Service's Balance Sheet for Fiscal Year 2018

Report Information

Date Issued
Report Number:
10403-0001-11
Report Type
Audit
Component
Natural Resources Conservation Service
Description
This report presents the results of the audit of Natural Resources Conservation Service’s (NRCS)balance sheet as of September 30, 2018. The report contains an unmodified opinion on thebalance sheet, as well as an assessment of NRCS’ internal controls over financial reporting andcompliance with laws and regulations.KPMG LLP, an independent certified public accounting firm, conducted the audit. In connectionwith the contract, we reviewed KPMG LLP’s report and related documentation and inquired ofits representatives
Joint Report
Yes
Participating OIG
Department of Agriculture OIG
Agency Wide
Yes (agency-wide)
Questioned Costs
$0
Funds for Better Use
$0
View report on Oversight.gov

Recommendations

We recommend, specifically related to the entity-wide corporate accrual process, that NRCS management: A. Design, implement, and document policies and procedures that include documented internal controls which provide support that NRCS has reviewed the transactional data and assumptions used in its entity-wide expenses accrual process. B. Design, implement, and document policies and procedures that include documented internal controls which provide support that NRCS has reviewed all expenses excluded from its entity-wide accrual policy and evaluate the need for any additional accruals. C. Provide additional guidance and/or training to employees over the recording of transactions with future economic benefits.