Administration
Pension Benefit Guaranty Corporation's FY 2018 Financial Statement Audit Management Letter Report (AUD-2019-6/FA-18-127-5), issued January 18, 2019
We contracted with CliftonLarsonAllen LLP (CLA), an independent certified public accounting firm, to perform the audit. This management letter summarizes CLA’s findings and recommendations related to internal control deficiencies and other matters. The issues noted in this report are not significant; therefore, the deficiencies were not required to be reported in the Independent Auditor’s Report. During the FY 2018 audit, CLA did not identified any new internal control deficiencies of less significant matters to be included in this report. CLA, as part of their work, followed up on open recommendations included in the previous years' management letters and closed seven recommendations. This year the OIG and CLA will continue working with management to discuss and evaluate the status of four remaining prior years' recommendations.
