Audit of Federal Communications Commission’s FY 2025 Financial Statements

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Date Issued

Thursday, December 18, 2025

Submitting OIG

Federal Communications Commission OIG

Agencies Reviewed/Investigated

Federal Communications Commission

Report Number

25-AUD-06-01

Report Description

The FCC financial statements were fairly presented in all material respects, in conformity with U.S. generally accepted accounting principles. In addition, Kearney did not find any reportable instances of noncompliance with laws, regulations, and contracts applicable to FCC. The report includes two significant deficiencies with 28 recommendations for improvement.

For Oversight reporting, the FCC financial Statements (25-AUD-06-01) reported 1 recommendation and 27 recommendations for FISMA (25-EVAL-04-01).

Report Type

Audit

Agency Wide

Yes

Number of Recommendations

Questioned Costs

Funds for Better Use

Report updated under NDAA 5274

External Link

https://www.fcc.gov/sites/default/files/FY%202025%20FSA%20Report.pdf

Open Recommendations

This report has 1 open recommendations.

Recommendation Number	Significant Recommendation	Recommended Questioned Costs	Recommended Funds for Better Use	Additional Details
1	No	$0	$0
Kearney recommends that the FCC direct USAC to perform the following: Develop an integration process in order for UNIFI to ingest HC obligations transactions including required financial internal controls. In the interim, USAC should establish a workaround whereby HC provides the obligations data to Finance and includes appropriate controls and reviews to ensure that entries are accurate and properly supported.