ML24281A201
| ML24281A201 | |
| Person / Time | |
|---|---|
| Issue date: | 11/12/2024 |
| From: | Barwell O, Christopher Hanson NRC/OCFO, NRC/Chairman |
| To: | Feitel R, Wagoner J NRC/OIG, Sikich CPA LLC |
| Shared Package | |
| ML24281A199, ML24298A143 | List: |
| References | |
| eConcurrence 20241007-90026, SRM-OMB910910B, CORR-24-0093 | |
| Download: ML24281A201 (7) | |
Text
UNITED STATES NUCLEAR REGULATORY COMMISSION WASHINGTON, D.C. 20555-0001 November 12, 2024 Mr. Robert J. Feitel Inspector General U.S. Nuclear Regulatory Commission 11555 Rockville Pike Rockville, MD 20852-2738 Mr. Jason Wagoner, Principal Sikich CPA LLC 333 John Carlyle Street, Suite 500 Alexandria, Virginia 22314
Dear Mr. Feitel and Mr. Wagoner:
We are providing this representation letter in connection with your integrated audits of the balance sheets of the U.S. Nuclear Regulatory Commission (NRC) as of September 30, 2024, and 2023, and the related statements of net costs, changes in net position, budgetary resources, and the related notes to the financial statements, hereinafter referred to as the financial statements.
Certain representations in this letter are described as being limited to matters that are material.
Items are considered material, regardless of size, if they involve an omission or misstatement of accounting information that, in the light of surrounding circumstances, makes it probable that the judgment of a reasonable person relying on the information would be changed or influenced by the omission or misstatement.
Except where otherwise stated below, immaterial matters less than $350,000 collectively are not considered to be exceptions that require disclosure for the purpose of the following representations. This amount is not necessarily indicative of amounts that would require adjustment to or disclosure in the financial statements. Such quantitative materiality considerations do not apply to representations that are not directly related to amounts included in the financial statements, required supplementary information (RSI) and other information (01).
We confirm, as of November 12, 2024, the following representations made to you during your audits. The following representations pertain to FY 2024 and FY 2023 financial statements and serve to update the representations we provided in the prior year.
Financial Statements, RSI, and Other Information 1.
We have fulfilled our responsibilities, as set out in the terms of the audit engagement letter dated May 24, 2024, for the preparation and fair presentation of the financial statements, including related notes, in accordance with U.S. GAAP, issued by Federal Accounting Standards Advisory Board. The financial statements are fairly presented in accordance with U.S. GAAP.