FEC's FY 25 Financial Statement Independent Audit Report

Date Issued

Wednesday, December 17, 2025

Submitting OIG

Federal Election Commission OIG

Agencies Reviewed/Investigated

Federal Election Commission

Report Number

OIG-25-01

Report Description

This reports the results of the FEC's FY 25 Financial Statement Audit

Report Type

Audit

Agency Wide

Yes

Number of Recommendations

Questioned Costs

Funds for Better Use

Report updated under NDAA 5274

Open Recommendations

This report has 5 open recommendations.

Recommendation Number	Significant Recommendation	Recommended Questioned Costs	Recommended Funds for Better Use
1	No	$0	$0
Develop and implement a remediation plan to address incomplete data migration and ensure all IT assets are captured accurately.
2	No	$0	$0
Configure the system to generate standardized inventory reports for audit, compliance, and management review.
3	No	$0	$0
Establish a process to perform regular reconciliations between procurement records, physical assets, and system data.
4	No	$0	$0
Provide user training to staff responsible for entering, maintaining, and reviewing asset records.
5	No	$0	$0
Develop and issue formal policies and procedures governing the use of the new IT inventory system, including asset entries, updates, retirements, and reconciliation.