An independent certified public accounting firm, Kearney & Company, P.C., was engaged to audit the financial statements of the U.S. Department of State (Department) as of September 30, 2010 and 2009, and for the years then ended, to provide a report on internal control over financial reporting (including safeguarding assets) and compliance with laws and regulations, to report on whether the Department’s financial management systems substantially complied with the requirements of the Federal Financial Management Improvement Act of 1996 (FFMIA), and to report any reportable noncompliance with laws and regulations it tested. The contract required that the audit be performed in accordance with U.S. generally accepted government auditing standards; Office of Management and Budget audit guidance; and the Financial Audit Manual, issued by the Government Accountability Office and the President’s Council on Integrity and Efficiency.
In its audit of the Department, Kearney & Company, P.C., found
- the consolidated balance sheets as of September 30, 2010 and 2009, and the related consolidated statements of net cost and changes in net position for the years then ended, and the related combined statement of budgetary resources for the year ended September 30, 2010, present fairly, in all material respects, the financial position of the Department as of September 30, 2010 and 2009, and its net cost of operations and changes in net position for the years then ended, and its changes in budgetary resources for the year ended September 30, 2010, in conformity with accounting principles generally accepted in the United States of America. Kearney & Company, P.C., was unable to obtain sufficient evidential support for the amounts presented in the 2009 combined statement of budgetary resources and therefore was unable to express an opinion on the 2009 combined statement of budgetary resources;
- no material weaknesses1 in internal control, and
- instances of reportable noncompliance with laws and regulations tested, including instances in which the Department’s financial management systems did not substantially comply with FFMIA.
Kearney & Company, P.C., is responsible for the attached auditor’s report, which includes the Report of Independent Auditors, the Report on Internal Control, and the Report on Compliance and Other Matters, dated November 14, 2010, and the conclusions expressed in the report. The Office of Inspector General (OIG) does not express an opinion on the Department’s financial statements or conclusions on internal control and compliance with laws and regulations, including whether the Department’s financial management systems substantially complied with FFMIA.
Comments on the auditor’s report from the Bureau of Resource Management are attached to the report.
OIG appreciates the cooperation extended to it and Kearney & Company, P.C., by Department managers and staff during the conduct of this audit.
Attachment: As stated.
Auditor Cover Letter
Auditors review company records to determine their legality and validity. Typical Auditor duties include checking and analyzing data, determining financial risk, checking company accounts, making sure assets are safeguarded, generating reports, making recommendations, presenting findings to managerial staff, travelling to various sites, conducting interviews, identifying new opportunities, and communicating with stakeholders. Auditors can be internal or external – they can be employees of the company they’re auditing or they can be outsourced.
Our collection of cover letter samples for Auditor showcases the following desirable qualifications:
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Comparable Auditor skills can be consulted in the cover letter example provided below.
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Dear Mr. Ornelaz:
When I learned of Topaz’s need for an experienced Auditor, I felt compelled to submit the enclosed resume. As an experienced auditing manager with more than 11 years of experience directing all facets of financial audits, I am well positioned to exceed your expectations for this role.
From analyzing financial and tax reports to analyzing statements to ensure regulatory compliance, I excel in strategically leading all aspects of auditing and accounting operations to mitigate risk/loss. My additional success in driving teams to top performance levels—along with my dedication to boosting the bottom line—prepares me to make a significant impact on your organization.
Consider the following highlights of my experience:
- Accurately and expeditiously performing financial statement analyses, compliance audits, data mining, and report preparation.
- Driving all aspects of audit engagements and preparing audit plans by developing key risk assessment models.
- Suggesting and implementing improved and highly efficient policies, procedures, and controls designed to maximize profitability and accuracy.
- Excelling within time-sensitive, fast-paced atmospheres while resolving issues and motivating teams to achieve maximum productivity and efficiency.
With my experience in performing general auditing operations, combined with my inherent leadership, interpersonal, and organizational skills, I am ready to provide outstanding service within your company. I look forward to discussing the position with you in further detail. Thank you for your consideration.
Helen E. Newell