Fiscal Year 2010 Financial Report of the United States Government

The Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget (OMB), is required annually to submit financial statements for the U.S. government to the President and the Congress. GAO is required to audit these statements.

Corrections

Treasury issued the following corrections to the 2010 Financial Report on March 15, 2012:

• Corrections to the Infinite Horizon narrative and “Table 6, Present Values of Costs Less Tax, Premium and State Transfer Revenue through the Infinite Horizon, HI, SMI, OASDI,” in the Supplemental Information (Unaudited) section on pages 171 and 172 (PDF, 2 pages)

Complete Financial Report

The FY 2010 Financial Report of the United States Government (Financial Report) published by the Department of the Treasury includes GAO's report on the accompanying U.S. government's consolidated financial statements for the fiscal years ended September 30, 2010 and 2009, and the associated reports on internal control and compliance with significant laws and regulations.

Complete FY 2010 Financial Report (PDF, 268 pages)

By Chapter:

• A Message from the Secretary of the Treasury (PDF, 2 pages)
• Table of Contents (PDF, 4 pages)
• A Citizen's Guide to the the 2010 Financial Report of the U.S. Government (PDF, 12 pages)
• Management's Discussion and Analysis (PDF, 26 pages)
• Statement of the Acting Comptroller General of the United States (PDF, 8 pages)
• Financial Statements (PDF, 14 pages)
• Notes to the Financial Statements (PDF, 90 pages)
• Supplemental Information (Unaudited) (PDF, 52 pages)
• Stewardship Information (Unaudited) (PDF, 4 pages)
• Appendix A: Significant Government Entities (PDF, 4 pages)
• Appendix B: Material Weaknesses Reported by Auditors and Federal Managers’ Financial Integrity Act (FMFIA) Tables (PDF, 8 pages)
• Appendix C: Government Corporations Required to Submit Audited Financial Statements to OMB (PDF, 2 pages)
• Appendix D: Accountability of Tax Dollars Act Agencies Required to Submit Audited Financial Statements to OMB (PDF, 4 pages)
• Appendix E: Selected Components of CFO Act Agencies Required to Submit Audited Financial Statements to OMB (PDF, 2 pages)
• Appendix F: Compliance with the Federal Financial Management Improvement Act of 1996 (PDF, 2 pages)
• Appendix G: Acronyms (PDF, 4 pages)
• Government Accountability Office (GAO) Auditor's Report (PDF, 30 pages)

 

Related GAO Publications

Management Report: Improvements Needed in Controls over the Preparation of the U.S. Consolidated Financial Statements

GAO-11-525, May 26, 2011

Fiscal Year 2010 U.S. Government Financial Statements: Federal Government Continues to Face Financial Management and Long-Term Fiscal Challenges

GAO-11-363T, March 9, 2011