USPTO Performance and Accountability Report - U.S. Patent and ...

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INDEPENDENT AUDITORS’ REPORT
November 15, 2012
MEMORANDUM FOR: David J. Kappos
Under Secretary of Commerce for Intellectual Property and
Director of the U.S. Patent and Trademark Office
FROM: Todd J. Zinser
SUBJECT: FY 2012 Financial Statements
Final Report No. OIG-13-004-A
I am pleased to provide you with the attached audit report, which presents an unqualified
opinion on USPTO’s fiscal year 2012 financial statements. KPMG LLP, an independent public
accounting firm, performed the audit in accordance with U.S. generally accepted government
auditing standards and Office of Management and Budget Bulletin 07-04, Audit Requirements for
Federal Financial Statements, as amended.
In its audit of USPTO, KPMG found:
� financial statements that were fairly presented in all material respects and in conformity
with U.S. generally accepted accounting principles;
� one significant deficiency related to controls over general information technology (this
deficiency was not considered a material weakness in internal control as defined in the
report); and
� no instances of reportable noncompliance with applicable laws, regulations, and
contracts.
My office oversaw the audit performance. We reviewed KPMG’s report and related
documentation and made inquiries of its representatives. Our review disclosed no instances
where KPMG did not comply, in all material respects, with generally accepted government
auditing standards. However, our review cannot be construed as an audit in accordance with
these standards; it was not intended to enable us to express—nor do we express—any opinion
on USPTO’s financial statements, conclusions about the effectiveness of internal controls, or
conclusions on compliance with laws, regulations, and contracts. KPMG is solely responsible for
the attached audit report, dated November 7, 2012, and the conclusions expressed in it.
If you wish to discuss the contents of this report, please call me at (202) 482-4661, or Ann C.
Eilers, Principal Assistant Inspector General for Audit and Evaluation, at (202) 482-2754.
PERFORMANCE AND ACCOUNTABILITY REPORT: FISCAL YEAR 2012