Markets Wired

The Commission has issued its Performance and Accountability Report (PAR) for fiscal year (FY) 2009. The PAR includes the FTC’s Performance Report and its financial statements and audit opinion. It also compares and evaluates actual performance against established measures and targets described in the FTC’s 2006 to 2011 Strategic Plan and the annual Performance Plan required under the Government Performance and Results Act (GPRA). The FY 2009 independent financial audit resulted in the FTC’s thirteenth consecutive unqualified opinion, the highest audit opinion available.

The PAR begins with a “Message from the Chairman” and is presented in four parts: Part I contains management’s discussion and analysis of the agency’s performance and financial activities; Part II contains the Performance Report; Part III contains the agency’s financial statements and independent audit results; and Part IV contains other accompanying information. The PAR can be viewed at www.ftc.gov/par. The Commission vote to issue the Performance and Mission Challenges sections of the FY 2009 PAR was 4-0. (FTC File No. P080100; the staff contact is James Baker 202-326-3168.)

Copies of the documents mentioned in this release are available from the FTC’s Web site at http://www.ftc.gov and from the FTC’s Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, DC 20580. Call toll-free: 1-877-FTC-HELP.

(FYI 52.2009.wpd)