H121: Nation By The Numbers: The FY 2025 Financial Report of the U.S. Government and Audit
- Room: 202A
- Session Number:H121
Thursday, July 23, 2026: 2:00 PM - 3:15 PM
Speaker(s)
Description
The Financial Report of the U.S. Government (FR) is vital to communicating key metrics and trends about the nation’s finances. Hear from Treasury and U.S. Government Accountability Office (GAO) officials about recent progress and ongoing challenges in enhancing federal financial integrity and transparency through this important process and report.
Key Takeaways
• Key federal financial metrics, trends and the drivers of major changes in federal financial results.
• Significant audit milestones achieved in the past year.
• Plans to strengthen the federal government's process for preparing consolidated financial statements.
Learning Objectives
Delve into key federal financial metrics and trends. Gain insight about the drivers of significant changes in federal financial results during the past fiscal year. Learn about the significant audit milestones achieved in the past year, the critical role of the General Fund of the Government and the ongoing challenges that remain. Explore the plan to strengthen the federal government's process for preparing the consolidated financial statements. Understand how attendees can work with Treasury to properly report transactions, ultimately improving the auditability of the FR and Schedules of the General Fund. Discover G-Invoicing's role in reducing reporting differences in intragovernmental buy/sell transactions.
Handouts