The Office of Inspector General (OIG) is commencing the Fiscal Year 2026 AbilityOne Commission (Commission) Financial Statement Audit. The objective of the audit is to express an opinion on whether the Commission’s financial statements are presented fairly, in all material respects, in accordance with U.S. generally accepted accounting principles.
The Chief Financial Officers Act of 1990, P.L. 101-576, as amended by the Government Management Reform Act, P.L. 103-356, requires 24 major agencies of the Federal Government to prepare and submit audited financial statements. For Federal entities not covered by the Chief Financial Officers Act, the Accountability of Tax Dollars Act of 2002 requires those Federal agencies and entities to prepare and submit audited financial statements to the Office of Management and Budget and Congress.
The audit will be performed in accordance with generally accepted government auditing standards (GAGAS), established by the U.S. Government Accountability Office, Government Auditing Standards (2024 Revision). The independent public accounting (IPA) firm Harper, Rains, Knight & Company (HRK) will conduct the audit, and the OIG will provide oversight as required by the IG Act of 1978, as amended.
Please be advised, the monitoring conducted by the OIG of HRK is not a product in accordance with GAGAS. The IPA firm is the principal auditor, and the OIG will not express an opinion on the U.S. AbilityOne Commission’s financial statements, internal controls over financial reporting, or compliance with laws and regulations.
