The Chief Financial Officers Act of 1990 requires the Inspector General to audit the agency’s financial statements each year, which is intended to help improve an agency’s financial management and controls over financial reporting. The auditors issued a disclaimer of opinion on the FY 2024 consolidated financial statement of the U.S. Department of Education (Department), as they were not able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion because of errors identified in the underlying data used to calculate the subsidy re-estimates for the Department’s direct loan and loan guaranty programs. In addition, in the Report on Internal Control over Financial Reporting, the auditors identified one material weakness and two significant deficiencies in internal control over financial reporting. In the Report on Compliance and Other Matters, the auditors reported two instances of noncompliance that were required to be reported under Government Auditing Standards or OMB Bulletin No. 24-02. Nineteen recommendations were made to the Department to address the internal control and compliance findings. (See page 90 for the audit report).
| Report Date | Agency Reviewed / Investigated | Report Title | Type | Location | |
|---|---|---|---|---|---|
| Department of Education | FY 2024 Financial Statement Audit – U.S. Department of Education | Audit | Agency-Wide | View Report | |
| General Services Administration | Independent Auditor's Report U.S. General Services Administration's Financial Statements - Fiscal Years 2024 and 2023 | Audit | Agency-Wide | View Report | |
| U.S. Agency for International Development | Single Audit of International Medical Corps' Financial Statements for the year ended June 30, 2023 | Other |
|
View Report | |
| Export-Import Bank | Independent Audit of the Export-Import Bank of the United States’ Financial Statements as of and for the Fiscal Years Ended 2024, and 2023 | Audit | Agency-Wide | View Report | |
| Architect of the Capitol | Audit of Fiscal Year 2024 Financial Statements | Audit | Agency-Wide | View Report | |
| Pension Benefit Guaranty Corporation | Audit of Pension Benefit Guaranty Corporation's Limited Purpose Financial Statements for Fiscal Year 2024 and 2023 | Audit | Agency-Wide | View Report | |
| U.S. Agency for Global Media (f/k/a Broadcasting Board of Governors) | Independent Auditor's Report on the U.S. Agency for Global Media FY 2024 and FY 2023 Financial Statements | Audit | Agency-Wide | View Report | |
| Department of State | Independent Auditor's Report on the U.S. Department of State FY 2024 and FY 2023 Financial Statements | Audit | Agency-Wide | View Report | |
| Department of State | Fiscal Year 2024 Inspector General Statement on the Department of State’s Major Management and Performance Challenges | Top Management Challenges | Agency-Wide | View Report | |
| U.S. Agency for Global Media (f/k/a Broadcasting Board of Governors) | Fiscal Year 2024 Inspector General Statement on the U.S. Agency for Global Media’s Major Management and Performance Challenges | Top Management Challenges | Agency-Wide | View Report | |
