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United States : FTC Issues Agency Financial Report for Fiscal Year 2018.

The Federal Trade Commission issued its Fiscal Year 2018 Agency Financial Report, which describes the agencys strong fiscal management and key program performance of the agency during the past year. The report highlights FTC accomplishments in furtherance of its missions to protect consumers and promote competition, and reaffirms the agencys commitment to responsible stewardship of resources and sound financial operations.

Prepared in accordance with OMB Circular A-136, this report includes annual audited financial statements, as well as the Office of the Inspector Generals assessment of the FTCs key management accomplishments and opportunities for performance improvements. The FTCs FY 2018 independent financial statement audit marks the agencys 22nd consecutive unmodified opinion, the highest audit opinion available.

The report is being submitted to Congress and the Director of the Office of Management and Budget, as required under the Chief Financial Officers Act of 1990 (amended by the Reports Consolidation Act of 2000), the Government Management Reform Act of 1994, the Accountability of Tax Dollars Act of 2002, and the Annual Management Reports under the Government Corporations Control Act.

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Publication:Mena Report
Article Type:Report
Date:Nov 16, 2018
Words:189
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