Federal Reports

This is an audit of the NEA's balance sheets as of September 30, 2015 and 2014, and the related statements of net cost, changes in net position, and budgetary resources (financial statements) for the years then ended, and the related notes to the financial statements. The objective of the audit was to express an opinion on the fair representation of those financial statements. Additionally, the audit considered the NEA's internal control over financial reporting and tested the NEA's compliance with certain provisions of applicable laws, regulations, contracts, and grant agreements that could have a direct and material effect on its financial statements. The audit resulted in a clean opinion, with one significant deficiency and recommendation.

Annually, the Office of Inspector General (OIG) prepares a summary of the most significant management and performance challenges facing the Department of Health and Human Services. We refer to this summary as the Top Management Challenges (TMC). The TMCs and the Department's progress toward addressing them reflect continuing vulnerabilities that OIG has identified for HHS over recent years. TMCs also forecast new and emerging issues HHS will face in FY 2016 and beyond. The assessment is included as an appendix to the publicly available HHS FY 2015 Agency Financial Report.