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Federal Reports
Report Date
Agency Reviewed / Investigated
Report Title
Type
Location
Committee for Purchase From People Who Are Blind or Severely Disabled (AbilityOne Program)
Audit of the U.S. AbilityOne Commission’s Financial Statements for Fiscal Year 2024
The financial statements present fairly, in all material respects, the Commission's financial position as of September 30, 2024, and 2023, and its net cost of operations, changes in net position, and budgetary resources for the fiscal years then ended in accordance with accounting principles generally accepted in the United States of America.
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 one significant deficiency with 27 recommendations for improvement.
We have audited the accompanying Reclassified Financial Statements of the U.S. Postal Service, which comprises the Government-wide Treasury Account Symbol Adjusted Trial Balance System (GTAS) Reconciliation Report -Reclassified Balance Sheet as of September 30, 2024, and the related GTAS Reconciliation Reports Reclassified Statement of Net Cost and Reclassified Statement of Operations and Changes in Net Position, for the year then ended (hereinafter referred to as the Reclassified Financial Statements) and accompanying Note 36. In our opinion, the Reclassified Financial Statements referred to above present fairly, in all material respects, the financial position of the Postal Service as of September 30, 2024, and its net costs and changes in net position for the year then ended in accordance with U.S. generally accepted accounting principles (GAAP).
