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U.S. TRADE AND DEVELOPMENT AGENCY
OTHER INFORMATION
As of and for the year ended September 30, 2020
Summary of the Financial Statement Audit and Management’s Assurances Table 1: Summary of Financial Statement Audit:
 Audit Opinion
  Unmodified
 Restatement
   No
 Material Weaknesses
  Beginning Balance
   New
   Resolved
   Consolidated
   Ending Balance
  Ineffective Controls over Management’s Review of Financial Statements
     1
        Ineffective Controls over Management’s Review of Accounts Payable
  0
 1
  0
 0
 Total Material Weaknesses
  0
   2
      0
   0
 Table 2: Summary of Management Assurances:
 Effectiveness of Internal Control over Financial Reporting (FMFIA § 2)
 Statement of Assurance
   Unmodified
 Material Weaknesses
  Beginning Balance
   New
   Resolved
   Consolidated
   Reassessed
   Ending Balance
  Ineffective Controls over Management’s Review of Financial Statements
   1
     Ineffective Controls over Management’s Review of Accounts Payable
   1
         Total Material Weaknesses
 0
   2
   0
   0
   0
   0
  Effectiveness of Internal Control over Operations (FMFIA § 2)
 Statement of Assurance
   Unmodified
  Beginning Balance
  New
  Resolved
  Consolidated
  Reassessed
  Ending Balance
 Material Weaknesses
 0
  0
  0
  0
  0
  0
 Total Material Weaknesses
 0
   0
   0
   0
   0
   0
  Conformance with Financial Management Systems Requirements (FMFIA § 4)
 Statement of Assurance
   Systems conform to financial management system requirements
  Beginning Balance
  New
  Resolved
  Consolidated
  Reassessed
  Ending Balance
 Non-Conformances
 0
  0
  0
  0
  0
  0
 Total Non-Conformances
  0
   0
   0
   0
   0
   0
  56 U.S. TRADE AND DEVELOPMENT AGENCY  ANNUAL REPORT 2020




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