FTC Issues Agency Financial Report for Fiscal Year 2019

The Federal Trade Commission issued its Fiscal Year 2019 Agency Financial Report, which describes the agency’s strong fiscal management and key program performance during the past year. The report highlights the FTC’s accomplishments in furtherance of its missions to protect consumers and promote competition, and reaffirms the agency’s 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 General’s assessment of the FTC’s key management accomplishments and opportunities for performance improvements. The FTC’s FY 2019 independent financial statement audit marks the agency’s 23rd 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.

The Commission vote to release the Performance and Agency Mission Challenges sections of the report was 5-0. (FTC File No. P859900, the staff contact is David Rebich, Chief Financial Officer, 202-326-2201.)

The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about consumer topics and file a consumer complaint online or by calling 1-877-FTC-HELP (382-4357). Like the FTC on Facebook, follow us on Twitter, read our blogs, and subscribe to press releases for the latest FTC news and resources.

IR Press

Recent Posts

Agencies Issue Guide to Assist Community Banks to Develop and Implement Third-Party Risk Management Practices

Federal bank regulatory agencies today released a guide to support community banks in managing risks…

1 day ago

MEDIA ADVISORY: Under Secretary for Terrorism and Financial Intelligence Brian Nelson to Travel to Singapore and Malaysia

WASHINGTON – From May 6th to May 9th, Under Secretary of the Treasury for Terrorism…

2 days ago

Remarks by Secretary of the Treasury Janet L. Yellen on the Economic Case for Democracy

As Prepared for DeliveryI. IntroductionGood afternoon. Thank you to the McCain Institute for the invitation…

2 days ago

Treasury Targets Sanctions Evaders Supporting Key Hizballah Financial Advisor

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)…

3 days ago