U.S. flag

An official website of the United States government

Dot gov

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Https

Secure .gov websites use HTTPS
A lock () or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Commodity Credit Corporation’s Financial Statements for Fiscal Years 2024 and 2023

Report Information

Date Issued
Report Number:
06403-0007-11
Report Type
Audit
Component
Commodity Credit Corporation
Description
An independent certified public accounting firm, was engaged to audit the financial statements of Commodity Credit Corporation (CCC) as of September 30, 2024 and 2023, and for the fiscal years then ended; to provide a report on internal controls over financial reporting; to report on whether CCC’s financial management systems did not comply substantially with the requirements of the Federal Financial Management Improvement Act of 1996 (FFMIA); and to report any reportable noncompliance with laws tested and other matters. 
Joint Report
No
Agency Wide
Yes (agency-wide)
Questioned Costs
$0
Funds for Better Use
$0
View report on Oversight.gov

Recommendations

We recommend that management:
• Implement audit logging monitoring controls to reduce the risk that inappropriate and/or unusual activity that may compromise the integrity and availability of systems and data goes undetected and resolved.
• Design, document, and implement controls to remove system application access within an acceptable timeframe following a user’s separation date.
• Design, document, and implement controls to grant system application access upon requested and approved business need and maintain evidence of such user access requests.