Audit 11-03, Audit of SBA's FY 2010 Financial Statements

Pursuant to the Chief Financial Officer's Act of 1990, attached is a copy of the Independent Auditors' Report issued by KPMG LLP on the Small Business Administration's financial statements for the fiscal year ended September 30,2010. The audit was performed under a contract with the Office ofInspector General (OIG) and in accordance with Generally Accepted Government Auditing Standards; Office of Management and Budget's (OMB) Bulletin 07-04, Audit Requirementsfor Federal Financial Statements, as amended; the Government Accountability Office (GAO)/President's Council on Integrity and Efficiency (PCIE) Financial Audit Manual; and GAO's. Federal Information System Controls Audit Manual.