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USDA's Consolidated Financial Statements for Fiscal Years 2023 and 2022

Report Information

Date Issued
Report Number:
50401-0022-11
Report Type
Audit
Description
OIG audited USDA’s consolidated financial statements for fiscal years 2023 and 2022.
Joint Report
No
Agency Wide
Yes (agency-wide)
Questioned Costs
$0
Funds for Better Use
$0
View report on Oversight.gov

Recommendations

Complete analysis on compliance with U.S. generally accepted accounting principles and prepare a position paper addressing accounting theory and practice for the accounting for the change in obligation recognition implemented in September 2023.