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Board of Governors of the Federal Reserve System Financial ...

2018-FMIC-B-005 March 5, 2018 Board of Governors of the Federal Reserve System Board of Governors of the Federal Reserve System Financial Statements as of and for the Years Ended December 31, 2017 and 2016, and Independent Auditors Reports MEMORANDUM DATE: March 5, 2018 TO: Board of Governors FROM: Mark Bialek Inspector General SUBJECT: 2017 Audit of the Board s Financial Statements and Internal Control Over Financial Reporting This memorandum transmits the Independent Auditors Report, prepare d by KPMG LLP, on the Boar d of Governors of the Federal Reserve System s ( Board ) Financial statements and internal control over Financial reporting and KPMG s Report on Compliance and Other Matters. We contracted with KPMG to audit the Financial statements of the Board as of and for the years ended December 31, 2017 and 2016, and to audit the Board s internal control over Financial reporting as of December 31, 2017.

Governors of the Federal Reserve System’s (oard) financial statements and internal control over financial reporting and KPMG’s Report on ompliance and Other Matters. We contracted with KPMG to audit the financial statements of the Board as of and for the years ended December 31, 2017 and 2016,

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