INTERNAL CONTROL RPT 4 NCEN_A_811-03258_385023_1022.htm ncen-idg20222.htm - Generated by SEC Publisher for SEC Filing

Report of Independent Registered Public Accounting Firm

 

To the Board of Directors of DFA Investment Dimensions Group Inc. and Shareholders of the Portfolios listed in Appendix A, (hereafter collectively referred to as the “Portfolios”)

 

In planning and performing our audits of the financial statements of the Portfolios as of and for the year or periods ended October 31, 2022, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Portfolios’ internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Portfolios’ internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Portfolios' internal control over financial reporting.

 

The management of the Portfolios is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

 

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

 

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis. 

 

Our consideration of the Portfolios’ internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB.  However, we noted no deficiencies in the Portfolios’ internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of October 31, 2022.

 

 

 

PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1800, 2001 Market Street, Philadelphia, PA 19103-7042

T: (267) 330-3000, F: (267) 330-3300, www.pwc.com/us

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This report is intended solely for the information and use of the Board of Directors of DFA Investment Dimensions Group Inc. and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

 

 

/s/PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

December 22, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

Appendix A

Enhanced U.S. Large Company Portfolio

 

DFA Five-Year Global Fixed Income Portfolio

U.S. Large Cap Equity Portfolio

 

DFA World ex U.S. Government Fixed Income Portfolio

U.S. Large Cap Value Portfolio

 

DFA Short-Term Government Portfolio

U.S. Targeted Value Portfolio

 

DFA Intermediate Government Fixed Income Portfolio

U.S. Small Cap Value Portfolio

 

DFA Short-Term Extended Quality Portfolio

U.S. Core Equity 1 Portfolio

 

DFA Intermediate-Term Extended Quality Portfolio

U.S. Core Equity 2 Portfolio

 

DFA Targeted Credit Portfolio

U.S. Vector Equity Portfolio

 

DFA Global Core Plus Fixed Income Portfolio

U.S. Small Cap Portfolio

 

DFA Investment Grade Portfolio

U.S. Micro Cap Portfolio

 

DFA Diversified Fixed Income Portfolio

U.S. High Relative Profitability Portfolio

 

DFA LTIP Portfolio

DFA Real Estate Securities Portfolio

 

DFA Inflation-Protected Securities Portfolio

Large Cap International Portfolio

 

DFA Short-Duration Real Return Portfolio

International Core Equity Portfolio

 

DFA Global Core Plus Real Return Portfolio

International Small Company Portfolio

 

DFA Municipal Real Return Portfolio

Global Small Company Portfolio

 

DFA California Municipal Real Return Portfolio

Japanese Small Company Portfolio

 

DFA Municipal Bond Portfolio

Asia Pacific Small Company Portfolio

 

DFA Short-Term Municipal Bond Portfolio

United Kingdom Small Company Portfolio

 

DFA Intermediate-Term Municipal Bond Portfolio

Continental Small Company Portfolio

 

DFA California Short-Term Municipal Bond Portfolio

DFA International Real Estate Securities Portfolio

 

DFA California Intermediate-Term Municipal Bond Portfolio

DFA Global Real Estate Securities Portfolio

 

DFA NY Municipal Bond Portfolio

DFA International Small Cap Value Portfolio

 

DFA MN Municipal Bond Portfolio

International Vector Equity Portfolio

 

DFA Oregon Municipal Bond Portfolio

International High Relative Profitability Portfolio

 

DFA Selective State Municipal Bond Portfolio

World ex U.S. Value Portfolio

 

VA U.S. Targeted Value Portfolio

World ex U.S. Core Equity Portfolio

 

VA U.S. Large Value Portfolio

World Core Equity Portfolio

 

VA International Value Portfolio

Selectively Hedged Global Equity Portfolio

 

VA International Small Portfolio

Emerging Markets Portfolio

 

VA Short-Term Fixed Portfolio

Emerging Markets Small Cap Portfolio

 

VA Global Bond Portfolio

Emerging Markets Targeted Value Portfolio

 

VIT Inflation-Protected Securities Portfolio

Emerging Markets Value Portfolio

 

VA Global Moderate Allocation Portfolio

Emerging Markets Core Equity Portfolio

 

VA Equity Allocation Portfolio

DFA Commodity Strategy Portfolio

 

U.S. Large Cap Growth Portfolio

Dimensional 2010 Target Date Retirement Income Fund

 

U.S. Small Cap Growth Portfolio

Dimensional 2015 Target Date Retirement Income Fund

 

International Large Cap Growth Portfolio

Dimensional 2020 Target Date Retirement Income Fund

 

International Small Cap Growth Portfolio

Dimensional 2025 Target Date Retirement Income Fund

 

U.S. Social Core Equity 2 Portfolio

Dimensional 2030 Target Date Retirement Income Fund

 

U.S. Sustainability Core 1 Portfolio

Dimensional 2035 Target Date Retirement Income Fund

 

U.S. Sustainability Targeted Value Portfolio

Dimensional 2040 Target Date Retirement Income Fund

 

International Sustainability Core 1 Portfolio

Dimensional 2045 Target Date Retirement Income Fund

 

International Social Core Equity Portfolio

Dimensional 2050 Target Date Retirement Income Fund

 

Emerging Markets Sustainability Core 1 Portfolio

Dimensional 2055 Target Date Retirement Income Fund

 

Global Social Core Equity Portfolio

Dimensional 2060 Target Date Retirement Income Fund

 

Emerging Markets Social Core Equity Portfolio

Dimensional 2065 Target Date Retirement Income Fund

 

DFA Global Sustainability Fixed Income Portfolio

Dimensional Retirement Income Fund

 

DFA Social Fixed Income Portfolio

World ex U.S. Targeted Value Portfolio

 

Emerging Markets ex China Core Equity Portfolio*

DFA One-Year Fixed Income Portfolio

 

DFA Short-Term Selective State Municipal Bond Portfolio**

DFA Two-Year Global Fixed Income Portfolio

DFA Selectively Hedged Global Fixed Income Portfolio

 

 

 

 

 

 

*November 15, 2021 (commencement of operations) through October 31, 2022

**April 12, 2021 (commencement of operations) through October 31, 2022