Home » Management's Discussion and Analysis » Financial Section » Other Accompanying Information » Appendices »
	About This Report Mission and Organizational Structure Progam Performance Analysis of Financial Statements Analysis of Systems, Controls, and Legal Compliance Management Assurances Other Management Information Government Management Reform Act Audit Management Elimination of Improper Payments
	Advanced search... Search USAID Personnel... Search USAID Documents...

About This Report

The U.S. Agency for International Development’s (USAID) Agency Financial Report (AFR) for FY 2007 provides financial and related information to help Congress, the President, and the public assess the Agency’s performance relative to its mission and stewardship of financial resources. It consists of the following major sections: Agency Head Message, Management’s Discussion and Analysis (MD&A), Financial Section, and Other Accompanying Information. The AFR satisfies the reporting requirements of the following legislation:

• Inspector General (IG) Act of 1978
• Federal Managers' Financial Integrity Act (FMFIA) of 1982
• Chief Financial Officer’s (CFO) Act of 1990
• Government Management Reform Act (GMRA) of 1994
• Federal Financial Management Improvement Act (FFMIA) of 1996
• Reports Consolidation Act of 2000
• Improper Payments Information Act (IPIA) of 2002

USAID has chosen to participate in the FY 2007 pilot pursuant to Office of Management and Budget (OMB) Circular A-136, Financial Reporting Requirements, and produce an alternative to the consolidated Performance and Accountability Report (PAR) called an Agency Financial Report. The Agency will include its performance information in the FY 2009 Congressional Budget Justification (CBJ) which will be posted to the USAID Web site at www.usaid.gov/policy/budget/cbj2009 by February 4, 2008. In addition, USAID and the Department of State will produce a joint State-USAID Highlights document which will also be posted to the USAID Web site at www.usaid.gov/policy/afr07/ by February 1, 2008.

The pilot was offered for FY 2007 reporting to give the federal government an opportunity to find the best way to present complete and candid financial and performance information that is useful to many of its stakeholders. Because the traditional consolidated PAR was published before the release of the President’s Budget, discussion of future resource allocations was somewhat limited. Including detailed performance information in the CBJ allows the Agency to discuss future programmatic resources directed at improving performance more fully. The Agency anticipates that this approach will enhance the presentation of financial and performance information and make the information more meaningful and transparent to the public.

Back to Top ^ | < Previous Page | Next Page >