FTC Issues Agency Financial Report for Fiscal Year 2015

The Federal Trade Commission’s Fiscal Year 2015 Agency Financial Report provides an overview of fiscal and key performance results that show how the agency has managed its resources. The report includes highlights from FTC programs, accomplishments in its missions of protecting consumers and promoting competition, and plans for addressing future challenges. The report also demonstrates the FTC’s sound financial management and stewardship of public funds.

Prepared in accordance with OMB Circular A-136, this report includes annual audited financial statements, as well as the Office of the Inspector General’s summary of identified management and performance challenges. The FTC’s FY 2015 independent financial audit resulted in the 19th consecutive unmodified opinion, the highest audit opinion available.

The report will be submitted to the Director of the Office of Management and Budget and to Congress, 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.

The Commission vote to release the Performance and Agency Mission Challenges sections of the report was 40. (FTC File No. P859900, the staff contact is Joseph O’Leska, Office of the Executive Director, 202-326-2716.)

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