Federal Reports

Summary of Audit

An independent external auditor, working on behalf of and under the direction of the Office of Inspector General, audited the U.S. Department of State’s (Department) annual financial statements as of, and for the year ended, September 30, 2025. The external auditor found that the financial statements present fairly, in all material respects, the financial position of the Department as of September 30, 2025, and its net cost of operations, changes in net position, and budgetary resources for the year then ended, in accordance with accounting principles generally accepted in the United States of America. The external auditor found certain reportable deficiencies in internal control. Specifically, the external auditor found significant deficiencies in the internal controls over property and equipment, unliquidated obligations, financial reporting, and IT. The external auditor also found an instance of reportable noncompliance with a provision of the Prompt Payment Act. 

On 18 December 2015, Congress enacted the Cybersecurity Information Sharing Act of 2015 (6 U.S.C. § 1501 et seq.) (the Act) to improve cybersecurity in the United States through enhanced sharing of cyber threat information. The Act creates a framework to facilitate and promote the voluntary sharing of cyber threat indicators (CTIs) and defensive measures (DMs) among Federal and between Federal and non-Federal entities. The Act required the Inspectors General of the “appropriate Federal entities,”
defined as the Departments of Commerce, Defense, Energy, Homeland Security, Justice, and the Treasury, and the Office of the Director of National Intelligence, in consultation with the Inspector General of the Intelligence Community, and the Council of Inspectors General on Financial Oversight, to jointly report to Congress by 18 December every two years, on the actions of the appropriate Federal entities to carry out the Act over the most recent two-year period. This report meets the biennial joint reporting requirement.

Report on the Railroad Retirement Board's Financial Statements - Fiscal Year 2025

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).