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In March 2003, DHS was created by merging 22 disparate agencies and organizations, many of which had known financial management weaknesses and vulnerabilities. Only 5 of the agencies that transferred to DHS had been subject to financial statement audits-U.S. Customs Service, Transportation Security Administration, Immigration and Naturalization Service, Federal Emergency Management Agency (FEMA), and Federal Law Enforcement Training Center.
In March 2003, DHS was created by merging 22 disparate agencies and organizations, many of which had known financial management weaknesses and vulnerabilities. Only 5 of the agencies that transferred to DHS had been subject to financial statement audits-U.S. Customs Service, Transportation Security Administration, Immigration and Naturalization Service, Federal Emergency Management Agency (FEMA), and Federal Law Enforcement Training Center.
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