Understanding the Results of the Audit of the FY 2022 DoD Financial Statements : Department of Defense Inspector General , May 16 , 2023
Understanding the Results of the Audit of the FY 2022 DoD Financial Statements : Department of Defense Inspector General , May 16 , 2023
From the report: “The DoD prepares the annual DoD Agency Financial Report and the Component-level financial statements to provide an overview of the financial information of the DoD and its Components. These reports also provide summary-level information on performance results of DoD operations. On November 15, 2022, the DoD issues its FY 2022 DoD Agency Financial Report that included the FY 2022 DoD Agency-Wide financial statements. The DoD Office of Inspector General (OIG) performed an audit of the FY 2022 DoD Agency-Wide financial statements and oversaw independent public accountants (IPAs) as they performed audits of the DoD Components' financial statements. The purpose of the audits was the determine whether the DoD and its Components presented their financial statements in accordance with Generally Accepted Accounting Principles (GAAP) that establish accounting concepts and principles to ensure on organization's financial statements are complete, consistent, and comparable.”
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